# Dairy Situation and Outlook, September 18, 2017

> Hoard's Dairy Situation and Outlook reports that forecast milk prices for the rest of 2017 have softened. The September Class III price is expected near $16.25, and a cheese rally would be needed for gains from October to December.

- Date: 2017-09-18 · published 2017-09-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68978-dairy-situation-and-outlook-september-18-2017
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weaker cheese, whey and butter prices lower expected milk returns, and higher production and stocks keep the pressure on. Feed buyers should expect dairy demand for feed to stay soft.

## Read by commodity

- MILK: bearish ▼

## Sources

- hoards.com: https://hoards.com/article-21716-dairy-situation-and-outlook-september-18-2017.html

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