# Where will production and prices go in 2024?

> NMPF economist Peter Vitaliano argues US milk production has entered a period where expansion will be more restrained than in past years, with dairy farmers under unusual financial stress. He suggests this could bring a new wave of farm consolidation.

- Date: 2024-01-10 · published 2024-01-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32123-where-will-production-and-prices-go-in-2024
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slower output growth from financial stress tightens milk supply, which supports prices and could moderate dairy feed demand over time.

## Read by commodity

- MILK: bullish ▲

## Sources

- hoards.com: https://hoards.com/article-permalink-34545.html

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