# 2024 Dairy Outlook Webinar Recap

> Farm Credit East and Crop Growers hosted a 2024 dairy outlook webinar focused on the Northeast. Speakers noted that US milk output fell 0.6-0.7% in 2023, that exports lagged, and that the futures market forecasts a 2024 all-milk price of about $20/cwt.

- Date: 2024-02-06 · published 2024-02-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31681-2024-dairy-outlook-webinar-recap
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower US milk output and a futures-implied price near $20/cwt suggest a steady dairy demand backdrop for feed buyers, with no major price shock expected.

## Read by commodity

- MILK: neutral

## Sources

- farmcrediteast.com: https://www.farmcrediteast.com/en/resources/todays-harvest-Blog/240206DairyOutlookRecap

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