# The Dairy Situation and Outlook, October 20, 2017

> Hoard's dairy outlook projects an October Class III price near $16.60, up about $0.30 from September, as higher cheese prices offset lower dry whey. It expects Class IV to fall to about $14.90 as nonfat dry milk drops to its lowest level since April 2016.

- Date: 2017-10-20 · published 2017-10-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68614-the-dairy-situation-and-outlook-october-20-2017
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher Class III and lower Class IV prices shift the milk price mix, which affects dairy-side feed demand and the outlook for by-product feeds. Analysts expect Class III to stay in the $16 range into 2018.

## Read by commodity

- MILK: neutral

## Sources

- hoards.com: https://hoards.com/article-22012-The-Dairy-Situation-and-Outlook-October-20-2017.html

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