# What's Driving The Milk Market? - Mid-West Farm Report

> USDA data showed April milk production in Wisconsin up 2 percent year over year and national output roughly flat, which surprised the market, which had expected a decline. Milk prices fell after the report, and analysts expect only slight production growth later in 2024.

- Date: 2024-05-25 · published 2024-05-25T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/30439-what-s-driving-the-milk-market-mid-west-farm-report
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Flat national output versus expectations of a decline eased supply tightness and pushed milk prices lower after the release. Dairy demand and feed use would be affected if production stays above expectations.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-05-01 | [All Milk Price Plummeted in March - Mid-West Farm Report](https://feedsoft.ai/events/53133-all-milk-price-plummeted-in-march-mid-west-farm-report.md) | +1.0% | +7.1% |
| MILK | 2017-04-05 | [March Dairy Market Report - Southeast AgNET](https://feedsoft.ai/events/71521-march-dairy-market-report-southeast-agnet.md) | -4.3% | -3.2% |
| MILK | 2026-06-25 | [Mielke Market Weekly: Milk production estimates raised in latest WASDE report \| News \| thelandonline.com](https://feedsoft.ai/events/18811-mielke-market-weekly-milk-production-estimates-raised-in-latest-wasde-report.md) | -3.4% | -1.6% |
| MILK | 2017-07-14 | [Signs of Milk Market Hope](https://feedsoft.ai/events/70117-signs-of-milk-market-hope.md) | -0.5% | +5.1% |
| MILK | 2024-12-31 | [Dairy Market Report December 2024 - EDairy News English](https://feedsoft.ai/events/6086-dairy-market-report-december-2024-edairy-news-english.md) | +9.4% | +8.5% |

## Sources

- midwestfarmreport.com: https://www.midwestfarmreport.com/2024/05/25/whats-driving-the-milk-market/

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