# Dairy Situation and Outlook, February 21, 2018

> Weaker dairy product prices have pushed milk prices lower, with Class III falling from a November peak of $16.88 to about $14.00 in January. Cheese and block prices strengthened in February, and the Class III price could reach about $14.25 in March. Dry whey remains weak near $0.25 per pound and is limiting Class III gains.

- Date: 2018-02-21 · published 2018-02-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66646-dairy-situation-and-outlook-february-21-2018
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firmer cheese prices could modestly lift milk values in March, but weak whey and rising dairy output keep the outlook soft. Buyers of dairy-based feed should expect limited price support near term.

## Read by commodity

- MILK: bearish ▼

## Sources

- hoards.com: https://hoards.com/article-22679-dairy-situation-and-outlook-february-21-2018.html

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