# It could be a sluggish year for milk prices

> NMPF's Peter Vitaliano forecasts the 2018 U.S. All-Milk price averaging about $16.50 per cwt, down $1.15 from 2017, based on December CME futures. He notes that milk production growth has slowed below the sustainable rate since mid-2017, which could help the market recover.

- Date: 2018-01-10 · published 2018-01-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7147-it-could-be-a-sluggish-year-for-milk-prices
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A lower forecast milk price reduces dairy producer income and may trim their feed budgets in 2018. Slowing milk output could support a firmer dairy market later in the year.

## Read by commodity

- MILK: bearish ▼

## Sources

- hoards.com: https://hoards.com/article-22384-it-could-be-a-sluggish-year-for-milk-prices.html
- hoards.com: https://hoards.com/article-22384-It-could-be-a-sluggish-year-for-milk-prices.html

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