# Dairy Prices Predicted To Increase Despite Record US Production - WPR

> Dairy economists predict milk prices will recover to around $16 for November and December despite record US milk production. The Class III price was $14.82 in October after rising steadily since May. Storage of cheese and butter remains a point of uncertainty.

- Date: 2016-11-03 · published 2016-11-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73984-dairy-prices-predicted-to-increase-despite-record-us-production-wpr
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expected firmer milk prices with exports absorbing extra supply support dairy income, while large cheese and butter stocks cap upside.

## Read by commodity

- MILK: bullish ▲

## Sources

- wpr.org: https://www.wpr.org/agriculture/dairy-prices-predicted-increase-despite-record-us-production

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