# Increased cow numbers, milk per cow raise 2024-25 milk production estimates | Ag Proud

> USDA's May WASDE raised its 2024 US milk production estimate to 227.3 billion pounds, up 1 billion from April. The 2025 forecast was set at 229.3 billion pounds, driven by more cows and higher output per cow. The 2024 Class III price was raised to $16.75 per cwt and the all-milk price to $21.20.

- Date: 2024-05-13 · published 2024-05-13T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/30250-increased-cow-numbers-milk-per-cow-raise-2024-25-milk-production-estimates-ag
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher production forecasts add supply pressure on milk and dairy product prices, a modest bearish signal for dairy-based feed ingredients. Stronger cheese demand partly offsets this for Class III.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-05-20 | [Mielke: 2021 Milk Production Estimates Raised - EDairy News English](https://feedsoft.ai/events/47111-mielke-2021-milk-production-estimates-raised-edairy-news-english.md) | 0.0% | -8.7% |
| MILK | 2017-09-18 | [Milk production estimates raised on milk-per-cow growth \| Dairy \| leadertelegram.com](https://feedsoft.ai/events/68975-milk-production-estimates-raised-on-milk-per-cow-growth-dairy-leadertelegram-com.md) | +0.9% | +3.0% |
| MILK | 2021-06-16 | [Mielke: Milk Production Estimates Raised Again - EDairy News English](https://feedsoft.ai/events/46578-mielke-milk-production-estimates-raised-again-edairy-news-english.md) | +0.5% | -2.7% |
| MILK | 2026-07-25 | [USDA raises milk production estimates - Dairy Star](https://feedsoft.ai/events/18527-usda-raises-milk-production-estimates-dairy-star.md) | -0.8% | +5.4% |
| MILK | 2024-12-11 | [USDA projections highlight increased milk production \| Ag Proud](https://feedsoft.ai/events/26969-usda-projections-highlight-increased-milk-production-ag-proud.md) | -0.5% | +8.4% |

## Sources

- agproud.com: https://www.agproud.com/articles/59695-increased-cow-numbers-milk-per-cow-raise-2024-25-milk-production-estimates

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