# Dairy Economist Looks Ahead To 2021

> University of Wisconsin economist Robert Cropp said dairy volatility will persist into 2021 and that food service remains about half of cheese and butter demand. He expects 2020's average milk price to land around $17 to $18 per cwt, better than feared in May.

- Date: 2020-09-22 · published 2020-09-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51132-dairy-economist-looks-ahead-to-2021
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Food service weakness keeps demand uncertain, so milk prices are likely to stay volatile into 2021.

## Read by commodity

- MILK: neutral

## Sources

- pnwag.net: https://pnwag.net/dairy-economist-looks-ahead-to-2021/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.