# Dry dairy product prices struggle | Food Business News | November 14, 2017 20:35

> Prices for most dry dairy products were at 12- to 18-month lows in early November, with cheese and butter prices declining, cheese stocks at record highs and milk production still rising. USDA lowered its 2018 dairy price forecasts in its November WASDE, though full-year 2017 averages are expected to remain above year-ago levels.

- Date: 2017-11-14 · published 2017-11-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/68123-dry-dairy-product-prices-struggle-food-business-news-november-14-2017-20-35
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Record cheese stocks and rising milk output point to continued softness in dairy product values, with nonfat dry milk weighed down by abundant skim solids and milk fat tight globally. Lower product prices pressure Class III milk and dairy-based feed ingredient values.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-02-01 | [USDA says milk, dairy product prices fell in December](https://feedsoft.ai/events/21217-usda-says-milk-dairy-product-prices-fell-in-december.md) | +5.2% | +2.1% |
| MILK | 2024-11-18 | [Market Outlook November 2024 - Dairy Producer](https://feedsoft.ai/events/27402-market-outlook-november-2024-dairy-producer.md) | -0.3% | -5.9% |
| MILK | 2017-11-20 | [Dairy Situation and Outlook, November 20, 2017](https://feedsoft.ai/events/9916-dairy-situation-and-outlook-november-20-2017.md) | +0.1% | -8.0% |
| MILK | 2020-10-22 | [September Milk Production Up 2.3% - EDairy News English](https://feedsoft.ai/events/50650-september-milk-production-up-2-3-edairy-news-english.md) | +0.8% | +7.8% |
| MILK | 2021-12-03 | [Dairy product production slows - Brownfield Ag News](https://feedsoft.ai/events/43590-dairy-product-production-slows-brownfield-ag-news.md) | +1.5% | +0.5% |

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/11249-dry-dairy-product-prices-struggle

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