# US Dairy Exports To Increase Slightly - USDA ERS - EDairy News English

> USDA ERS expects 2024 US dairy exports on a skim-solids basis to rise about 0.2% from 2023. Dairy import forecasts were raised and export forecasts were cut, and the all-milk price forecast was lifted to $21.25 per hundredweight. Butter and cheddar price forecasts were raised while dry whey and nonfat dry milk forecasts were lowered.

- Date: 2024-03-21 · published 2024-03-21T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/31203-us-dairy-exports-to-increase-slightly-usda-ers-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A higher all-milk price forecast with weaker export growth points to firm domestic dairy values and limited export pull on US milk supply.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-02-07 | [Dairy Market Report January 2022 - EDairy News English](https://feedsoft.ai/events/42725-dairy-market-report-january-2022-edairy-news-english.md) | +0.5% | +9.2% |
| MILK | 2021-12-27 | [USDA Forecasts Lower Milk Production, Higher Prices - EDairy News English](https://feedsoft.ai/events/43588-usda-forecasts-lower-milk-production-higher-prices-edairy-news-english.md) | -0.1% | +10.1% |
| MILK | 2021-04-07 | [Benchmark Price Up 40 Cents - EDairy News English](https://feedsoft.ai/events/47765-benchmark-price-up-40-cents-edairy-news-english.md) | +0.9% | +1.1% |
| MILK | 2019-04-25 | [2019 Could Be Year Of Recovery For Dairy Industry - EDairy News English](https://feedsoft.ai/events/59729-2019-could-be-year-of-recovery-for-dairy-industry-edairy-news-english.md) | +1.3% | +2.6% |
| MILK | 2019-09-12 | [Dairy production tempers while prices increase - Brownfield Ag News](https://feedsoft.ai/events/57056-dairy-production-tempers-while-prices-increase-brownfield-ag-news.md) | -0.2% | +2.3% |

## Sources

- en.edairynews.com: https://en.edairynews.com/us-dairy-exports-to-increase-slightly-usda-ers/

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