# Will the Dairy Economy Rebound by 2025?

> Economist Ken Bailey told the Dairy Financial and Risk Management Conference that US and global dairy demand is suppressed by Federal Reserve rate hikes and slowing growth. He forecasts real GDP growth slowing to 1.9% in 2023 and 0.5% in 2024, and higher dairy prices only once demand recovers around 2025.

- Date: 2023-09-28 · published 2023-09-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/34115-will-the-dairy-economy-rebound-by-2025
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expectations of weak dairy demand through 2024 suggest limited price support for milk and reduced demand for dairy-feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-04-20 | [Dairy price outlook falters, remains better than 2016](https://feedsoft.ai/events/71639-dairy-price-outlook-falters-remains-better-than-2016.md) | -0.2% | +2.5% |
| MILK | 2020-10-26 | [Stephenson: Pandemic will weigh on dairy markets into 2021 - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/50651-stephenson-pandemic-will-weigh-on-dairy-markets-into-2021-progressive-dairy-ag.md) | -0.2% | +7.0% |
| MILK | 2018-03-25 | [Washington Dairygrams - March 25, 2018](https://feedsoft.ai/events/66146-washington-dairygrams-march-25-2018.md) | +0.1% | +2.2% |
| MILK | 2018-05-10 | [Dairy markets could finally rebalance](https://feedsoft.ai/events/65157-dairy-markets-could-finally-rebalance.md) | -0.1% | +1.0% |
| MILK | 2026-09-28 | [Dairy risk management calendar: October 2026 \| Ag Proud](https://feedsoft.ai/events/5029-dairy-risk-management-calendar-october-2026-ag-proud.md) | -7.3% | -5.4% |

## Sources

- dairyherd.com: https://www.dairyherd.com/news/business/will-dairy-economy-rebound-2025

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