# Forecast Update Live - November 2024 -

> Egg Insights' Forecast Update Live for November 2024 says its dairy forecast is dramatically lower across most commodities. The analysts attribute the cut to faster-than-expected milk supply growth. The segment includes a bull and bear debate on the outlook for 2025.

- Date: 2024-11-06 · published 2024-11-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8627-forecast-update-live-november-2024
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A forecast of faster milk supply growth points to weaker dairy product and milk prices ahead, which affects feed demand from dairy herds.

## Read by commodity

- MILK: bearish ▼

## Sources

- insights.ever.ag: https://insights.ever.ag/2024/11/06/forecast-update-live-november-2024/

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