# Class III milk price should hit $17 by October

> Wisconsin dairy economist Bob Cropp forecasts the Class III milk price will climb to about $17 by October after the July figure fell 99 cents to $15.45. He expects August near $16.45 and September-October in the $17 range, citing slower milk production growth and strong butter, cheese and export demand.

- Date: 2017-08-29 · published 2017-08-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69445-class-iii-milk-price-should-hit-17-by-october
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slower milk output growth combined with firm domestic and export demand supports higher Class III milk prices into autumn, which raises dairy-based feed costs and supports demand for dairy-linked feed ingredients.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/dairy-cattle/class-iii-milk-price-should-hit-17-by-october

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