# Slow, steady improvement could be in store for 2019

> Dairy economist Bob Cropp reviews four years of low milk prices, noting the 2018 Class III cheese average of $14.61 and Class IV average of $14.20. He says the industry will keep consolidating into fewer, larger herds regardless of price.

- Date: 2019-02-06 · published 2019-02-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60753-slow-steady-improvement-could-be-in-store-for-2019
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Persistently low milk prices are accelerating herd exits, which over time tightens milk supply and could support prices. The outlook is a slow, gradual recovery rather than a sharp move.

## Read by commodity

- MILK: neutral

## Sources

- hoards.com: https://hoards.com/article-24861-slow-steady-improvement-could-be-in-store-for-2019.html

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