# Milk price expected to trend lower in 2018 | Dairy | leadertelegram.com

> The November Class III milk price was $16.88 per cwt, up 19 cents from October and tying the highest 2017 price. Analysts expect December to fall to about $15.45, and USDA sees the 2018 Class III price averaging as low as $15.50 on forecast production growth of 1.8%.

- Date: 2017-12-04 · published 2017-12-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67626-milk-price-expected-to-trend-lower-in-2018-dairy-leadertelegram-com
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expected expansion in U.S. milk output in 2018 points to lower dairy returns, which can reduce dairy herd feed purchases and weigh on milk prices.

## Read by commodity

- MILK: bearish ▼

## Sources

- leadertelegram.com: https://www.leadertelegram.com/country-today/farm/dairy/milk-price-expected-to-trend-lower-in-2018/article_ca02daed-6277-5624-845d-0e3eac94083a.html

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