# Dairy price outlook falters, remains better than 2016

> Penn State economist Jim Dunn says the 2017 milk price outlook is better than 2016 but weaker than a month earlier, as USDA cut forecasts for all dairy product prices. Dunn cites a strong dollar, Russia's embargo on EU dairy imports and Middle East problems as depressing factors. He notes low feed prices will support dairy profitability.

- Date: 2017-04-20 · published 2017-04-20T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/71639-dairy-price-outlook-falters-remains-better-than-2016
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A strong dollar and rising milk output from competing exporters are pressuring dairy prices, which lowers dairy demand for feed. Low feed costs help producer margins, which may sustain herd sizes and milk output.

## Read by commodity

- DXY: bullish ▲
- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-04-08 | [Dairy outlook: COVID-19 lockdowns impact cheese and butter](https://feedsoft.ai/events/53640-dairy-outlook-covid-19-lockdowns-impact-cheese-and-butter.md) | -2.5% | -18.1% |
| MILK | 2022-07-07 | [What Do Recent Falling Feed Prices Mean For Dairy Producers? - EDairy News English](https://feedsoft.ai/events/8551-what-do-recent-falling-feed-prices-mean-for-dairy-producers-edairy-news-english.md) | +1.5% | -10.0% |
| MILK | 2020-04-28 | [COVID-19 continues to hammer dairy prices](https://feedsoft.ai/events/5177-covid-19-continues-to-hammer-dairy-prices.md) | -12.8% | -7.6% |
| MILK | 2023-09-28 | [Will the Dairy Economy Rebound by 2025?](https://feedsoft.ai/events/34115-will-the-dairy-economy-rebound-by-2025.md) | -8.8% | -8.1% |
| MILK | 2018-07-14 | [Dairy farms weather long stretch of low milk prices \| AP News](https://feedsoft.ai/events/64182-dairy-farms-weather-long-stretch-of-low-milk-prices-ap-news.md) | -0.6% | +5.4% |
| DXY | 2021-11-23 | [Dollar gains, euro recovers on better than expected data \| Reuters](https://feedsoft.ai/events/11254-dollar-gains-euro-recovers-on-better-than-expected-data-reuters.md) | +0.5% | +0.4% |
| DXY | 2025-11-03 | [Dollar edges up as rate cut outlook remains clouded \| Reuters](https://feedsoft.ai/events/22150-dollar-edges-up-as-rate-cut-outlook-remains-clouded-reuters.md) | +0.0% | -0.2% |
| DXY | 2016-08-31 | [Strong dollar remains anchor on prices](https://feedsoft.ai/events/12399-strong-dollar-remains-anchor-on-prices.md) | -1.2% | +0.3% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/livestock-and-poultry-market-news/livestock-markets-dairy-price-outlook-falters-remains-better-than-2016

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