# Economist predicts Class III milk average improving near $16 in 2017 - Farm and Dairy

> An economist expects the 2017 Class III milk average to improve toward $16, with the November Class III possibly near $16.75 after cheese prices strengthened. Cheese prices were volatile through 2016, with block cheddar falling to $1.3174 in May before rebounding.

- Date: 2016-12-01 · published 2016-12-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73630-economist-predicts-class-iii-milk-average-improving-near-16-in-2017-farm-and
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A forecast of firmer Class III prices in 2017 points to better dairy income and somewhat stronger demand for feed from dairy producers.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmanddairy.com: https://www.farmanddairy.com/news/economist-predicts-class-iii-milk-average-improving-near-16-in-2017/384302.html

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