# USDA purchases $50 million in fluid milk

> USDA announced plans to buy an additional $50 million of fresh fluid milk under Section 32 for food banks and nutrition programs. The purchase follows $68 million in dairy buys announced in July, bringing two-year dairy purchases to $253 million.

- Date: 2019-10-28 · published 2019-10-28T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/4106-usda-purchases-50-million-in-fluid-milk
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Government buying supports dairy demand and farm prices at the margin, but the amount is small relative to total US milk output.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-01-14 | [Despite enormous production, government purchases boost milk prices](https://feedsoft.ai/events/49311-despite-enormous-production-government-purchases-boost-milk-prices.md) | -1.0% | -4.0% |
| MILK | 2021-01-05 | [Milk Prices Surge After USDA Food-Box Aid Program Extended - Bloomberg](https://feedsoft.ai/events/49303-milk-prices-surge-after-usda-food-box-aid-program-extended-bloomberg.md) | +7.3% | +4.5% |
| MILK | 2020-11-30 | [Government dairy purchases at a 30-year high](https://feedsoft.ai/events/50301-government-dairy-purchases-at-a-30-year-high.md) | -33.6% | -32.1% |
| MILK | 2018-01-05 | [Prices slumping, include milk in Rs 35-bn stabilisation fund: Farm Ministry \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/5204-prices-slumping-include-milk-in-rs-35-bn-stabilisation-fund-farm-ministry.md) | -1.7% | -3.0% |
| MILK | 2020-04-17 | [USDA Announces Coronavirus Food Assistance Program \| USDA](https://feedsoft.ai/events/53623-usda-announces-coronavirus-food-assistance-program-usda.md) | -1.6% | -6.9% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/livestock-and-poultry-market-news/usda-purchases-50m-in-fluid-milk

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