# Dairy outlook: Milk price upswing viewed with cautious optimism

> Penn State and CoBank economists expect milk prices to keep rising through summer 2017, with Pennsylvania all-milk reaching about $20.77 per cwt by September. Dairy futures imply a 2017 average $2.90 per cwt above 2016, while US milk output is still rising in most states.

- Date: 2016-12-19 · published 2016-12-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73502-dairy-outlook-milk-price-upswing-viewed-with-cautious-optimism
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Futures-implied gains and low feed costs support producer margins, but rising milk supply and limited processing capacity could cap the recovery unless exports grow.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/dairy-cattle/dairy-outlook-milk-price-upswing-viewed-with-cautious-optimism

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