# Productive cows lowering milk outlook    - Brownfield Ag News

> USDA's November supply and demand report expects 2022 milk production to rise and then hold steady in 2023, with output per cow increasing while cow inventories decline. USDA lowered its 2022 all-milk price forecast by 10 cents to $25.50/cwt and its 2023 forecast by 30 cents to $22.60/cwt.

- Date: 2022-11-09 · published 2022-11-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/38836-productive-cows-lowering-milk-outlook-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Larger milk supplies and weaker butter, cheese and nonfat dry milk prices point to lower dairy product values and softer Class III and IV milk prices for feed buyers to factor into dairy demand.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-06-12 | [Growing dairy production limits milk prices in USDA’s outlook - Brownfield Ag News](https://feedsoft.ai/events/18975-growing-dairy-production-limits-milk-prices-in-usda-s-outlook-brownfield-ag-news.md) | +0.3% | -1.6% |
| MILK | 2017-12-12 | [USDA lowers milk production, price expectations - Brownfield Ag News](https://feedsoft.ai/events/67493-usda-lowers-milk-production-price-expectations-brownfield-ag-news.md) | -0.7% | -11.7% |
| MILK | 2023-02-08 | [USDA calls for limited milk production and lower prices - Brownfield Ag News](https://feedsoft.ai/events/37359-usda-calls-for-limited-milk-production-and-lower-prices-brownfield-ag-news.md) | +0.9% | -0.5% |
| MILK | 2021-12-03 | [Dairy product production slows - Brownfield Ag News](https://feedsoft.ai/events/43590-dairy-product-production-slows-brownfield-ag-news.md) | +1.5% | +0.5% |
| MILK | 2020-09-11 | [USDA remains firm on increasing milk production, lower price projections - Brownfield Ag News](https://feedsoft.ai/events/51128-usda-remains-firm-on-increasing-milk-production-lower-price-projections.md) | -1.6% | +24.9% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/productive-cows-lowering-milk-outlook/

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