# Growing milk supplies to keep pressure on dairy prices | 2018-04-03  | Food Business News

> Continued growth in milk output, large cheese stocks and many dry dairy products, plus global competition, are expected to keep pressure on dairy prices in 2018. USDA forecast 2018 US milk production at 219 billion lbs, up 1.6%, and the all-milk price midpoint down 9% from 2017. Butter and cheese have solid demand support while dry product prices remain weak.

- Date: 2018-04-03 · published 2018-04-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65510-growing-milk-supplies-to-keep-pressure-on-dairy-prices-2018-04-03-food-business
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Heavy milk supply and forecast price declines point to weaker Class III and Class IV returns, which keeps dairy-based feed ingredient values under pressure.

## Read by commodity

- MILK: bearish ▼

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/11582-growing-milk-supplies-to-keep-pressure-on-dairy-prices

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