# USDA projections highlight increased milk production | Ag Proud

> The December 10 WASDE raised the 2024 U.S. milk production estimate by 300 million pounds to 226.3 billion pounds. The 2025 output forecast was raised to 228 billion pounds, and the 2024 all-milk price was lowered a dime to $22.65/cwt.

- Date: 2024-12-11 · published 2024-12-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/26969-usda-projections-highlight-increased-milk-production-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher production forecasts combined with lower cheese and butter prices point to weaker milk values, while firmer whey and nonfat dry milk prices partly cushion the decline.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-02-08 | [USDA reduces 2023 milk production, price projections  \| Ag Proud](https://feedsoft.ai/events/37464-usda-reduces-2023-milk-production-price-projections-ag-proud.md) | +0.9% | -0.5% |
| MILK | 2018-07-13 | [USDA cuts 2018 and 2019 milk price projections, production forecasts -  \| Ag Proud](https://feedsoft.ai/events/64032-usda-cuts-2018-and-2019-milk-price-projections-production-forecasts-ag-proud.md) | -0.6% | +4.8% |
| MILK | 2020-09-11 | [USDA remains firm on increasing milk production, lower price projections - Brownfield Ag News](https://feedsoft.ai/events/51128-usda-remains-firm-on-increasing-milk-production-lower-price-projections.md) | -1.6% | +24.9% |
| MILK | 2016-11-02 | [Increased milk production pressures prices lower](https://feedsoft.ai/events/73986-increased-milk-production-pressures-prices-lower.md) | +13.4% | +14.8% |
| MILK | 2026-01-24 | [USDA increases 2026 milk production forecast - Dairy Star](https://feedsoft.ai/events/21063-usda-increases-2026-milk-production-forecast-dairy-star.md) | -0.5% | +2.2% |

## Sources

- agproud.com: https://www.agproud.com/articles/60768-usda-projections-highlight-increased-milk-production

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