# Lee Mielke: Milk production estimate raised | Capital Press

> The USDA's April WASDE raised its 2022 US milk production estimate by 300 million pounds to 226.3 billion pounds, citing more dairy cows. Forecasts for cheese, butter and Class III and IV milk prices were raised, while whey was lowered.

- Date: 2022-04-12 · published 2022-04-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/41843-lee-mielke-milk-production-estimate-raised-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher projected milk output adds supply, but raised price forecasts for dairy products signal tight stocks and firm demand. Higher Class III prices support dairy-farm margins and can influence demand for dairy feed and byproducts.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-09-17 | [Lee Mielke: Milk production estimates lowered again \| Capital Press](https://feedsoft.ai/events/28317-lee-mielke-milk-production-estimates-lowered-again-capital-press.md) | +0.6% | -3.0% |
| MILK | 2021-10-12 | [Lee Mielke: Milk production estimates lowered again \| Capital Press](https://feedsoft.ai/events/44537-lee-mielke-milk-production-estimates-lowered-again-capital-press.md) | -0.1% | +0.7% |
| MILK | 2022-03-15 | [Lee Mielke: Milk estimates lowered again \| Capital Press](https://feedsoft.ai/events/42282-lee-mielke-milk-estimates-lowered-again-capital-press.md) | -0.0% | +8.1% |
| MILK | 2022-02-08 | [Lee Mielke: Benchmark jumps $2.02 \| Capital Press](https://feedsoft.ai/events/42860-lee-mielke-benchmark-jumps-2-02-capital-press.md) | +0.1% | +9.1% |
| MILK | 2019-05-07 | [Lee Mielke: Benchmark price up 92 cents \| Capital Press](https://feedsoft.ai/events/59084-lee-mielke-benchmark-price-up-92-cents-capital-press.md) | -1.2% | -0.7% |

## Sources

- capitalpress.com: https://capitalpress.com/2022/04/12/lee-mielke-milk-production-estimate-raised-2/

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