# LIVESTOCK MARKETS: Milk prices to depend on milk production

> Cheese prices showed unexpected strength in November, with the November Class III price possibly near $16.75. Cropp forecasts the Class III average near $14.75 for 2016 and a low-$16 level in December after holiday cheese orders are filled. Cheese stocks are high overall but fresh block supplies are tight.

- Date: 2016-11-23 · published 2016-11-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73985-livestock-markets-milk-prices-to-depend-on-milk-production
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tight fresh block cheddar supply supports near-term milk prices, but expected seasonal weakness after the holidays limits gains into year-end.

## Read by commodity

- MILK: neutral

## Sources

- feedstuffs.com: https://www.feedstuffs.com/livestock-and-poultry-market-news/livestock-markets-milk-prices-to-depend-on-milk-production

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