# Washington Dairygrams - January 25, 2018

> Class III milk futures have fallen nearly $3 per cwt over six months, and spot cheddar barrels slipped to their lowest since May 2016. UW economist Bob Cropp expects milk flow growth of 1.7% and prices averaging well below 2017.

- Date: 2018-01-22 · published 2018-01-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67123-washington-dairygrams-january-25-2018
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Persistent oversupply in world dairy and weak cheese prices point to continued pressure on milk prices and dairy producer margins.

## Read by commodity

- MILK: bearish ▼

## Sources

- hoards.com: https://hoards.com/article-22452-washington-dairygrams---january-25-2018.html

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