# Dairy challenge: Keep production costs below $17.50

> Penn State's November Dairy Outlook projects 2018 Class III futures between $15.35 and $16.14 and Class IV between $14.11 and $15.40 for January through August. Extension advisers say Pennsylvania producers need production costs below $17.50 per cwt to cash flow.

- Date: 2017-11-29 · published 2017-11-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67980-dairy-challenge-keep-production-costs-below-17-50
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Sideways milk price projections and tight producer margins point to subdued dairy herd expansion and modest demand for dairy feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Sources

- farmprogress.com: https://www.farmprogress.com/dairy-cattle/dairy-challenge-keep-production-costs-below-17-50

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