# Economists forecast higher milk prices | Capital Press

> University of Wisconsin economists Mark Stephenson and Bob Cropp are forecasting higher milk prices than futures traders expect. Cheddar block prices hit $2.35 on September 16 before falling back to about $1.99 on October 1, and the economists expect them to strengthen. Flat milk production and unusual cheese stock patterns support their view.

- Date: 2019-10-03 · published 2019-10-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56720-economists-forecast-higher-milk-prices-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Flat milk output and tight cheese stocks point to firmer Class III milk prices. Analysts expect cheese and milk prices to rise even though futures are lower.

## Read by commodity

- MILK: bullish ▲

## Sources

- capitalpress.com: https://capitalpress.com/2019/10/03/economists-forecast-higher-milk-prices/

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