# Dairy prices headed to best since 2014 - Lake Norman Publications

> CME futures point to second-half 2019 milk prices averaging $19.10 per hundredweight, versus $17.45 in the first half. Dairy product consumption is outpacing production, and US nonfat dry milk prices have already improved. The Dairy Margin Coverage program is also providing support to producers.

- Date: 2019-08-20 · published 2019-08-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57579-dairy-prices-headed-to-best-since-2014-lake-norman-publications
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger demand relative to flat milk output lifts milk and dairy product prices into the second half, improving the outlook for dairy-based feed ingredients.

## Read by commodity

- MILK: bullish ▲

## Sources

- lakenormanpublications.com: https://www.lakenormanpublications.com/articles/dairy-prices-headed-to-best-since-2014/

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