# Point Of Equilibrium For Milk Prices - EDairy News English

> USDA's July report showed US milk production up 0.3% year over year to 18.3 billion pounds, the second straight monthly gain. Cold storage cheese stocks at the end of July were 1.522 billion pounds, up 5% from a year earlier. Front-month Class III futures hovered around $20.00 per hundredweight.

- Date: 2022-08-29 · published 2022-08-29T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/40199-point-of-equilibrium-for-milk-prices-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising milk output and higher cheese stocks add supply pressure on Class III prices, though strong export demand is offsetting part of the increase. Dairy-based feed ingredient costs stay tied to this balance.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-05-25 | [More Milk, Lower Prices: Dairy Industry’s 2024 Forecast - EDairy News English](https://feedsoft.ai/events/35966-more-milk-lower-prices-dairy-industry-s-2024-forecast-edairy-news-english.md) | -3.5% | -7.8% |
| MILK | 2020-10-22 | [September Milk Production Up 2.3% - EDairy News English](https://feedsoft.ai/events/50650-september-milk-production-up-2-3-edairy-news-english.md) | +0.8% | +7.8% |
| MILK | 2021-02-10 | [Benchmark Price Up 32 Cents - EDairy News English](https://feedsoft.ai/events/48803-benchmark-price-up-32-cents-edairy-news-english.md) | +1.0% | +5.2% |
| MILK | 2021-05-20 | [Mielke: 2021 Milk Production Estimates Raised - EDairy News English](https://feedsoft.ai/events/47111-mielke-2021-milk-production-estimates-raised-edairy-news-english.md) | 0.0% | -8.7% |
| MILK | 2021-06-16 | [Mielke: Milk Production Estimates Raised Again - EDairy News English](https://feedsoft.ai/events/46578-mielke-milk-production-estimates-raised-again-edairy-news-english.md) | +0.5% | -2.7% |

## Sources

- en.edairynews.com: https://en.edairynews.com/point-of-equilibrium-for-milk-prices/

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