# Milk, corn prices up in 2019 | Idaho Farm Bureau

> USDA statistics show milk prices rising to their highest levels in years as dairy farmers cut production. Flooding and a cold, wet spring delayed the 2019 US corn crop, with 67% planted late. Analysts expect corn prices to hold up rather than fall.

- Date: 2019-07-01 · published 2019-07-01T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/4199-milk-corn-prices-up-in-2019-idaho-farm-bureau
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A late corn crop tightens feed grain supply and lifts feed costs for dairy and livestock buyers. Firm milk prices from lower output also support demand for dairy feed.

## Read by commodity

- CORN: bullish ▲
- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-04-05 | [Market Closes - April 5, 2018 - Kentucky Farm Bureau](https://feedsoft.ai/events/10071-market-closes-april-5-2018-kentucky-farm-bureau.md) | +1.1% | +3.0% |
| CORN | 2018-03-01 | [Market Closes - March 1, 2018 - Kentucky Farm Bureau](https://feedsoft.ai/events/11653-market-closes-march-1-2018-kentucky-farm-bureau.md) | +0.8% | +1.3% |
| CORN | 2019-07-03 | [Corn prices headed up? \| MU Extension](https://feedsoft.ai/events/58129-corn-prices-headed-up-mu-extension.md) | +2.9% | -0.2% |
| CORN | 2024-06-14 | [Heatwave in the USA pushes up corn prices on the CBoT](https://feedsoft.ai/events/29811-heatwave-in-the-usa-pushes-up-corn-prices-on-the-cbot.md) | -3.2% | -10.7% |
| CORN | 2017-06-09 | [DDG Prices Driven Higher by Rise in Corn Futures](https://feedsoft.ai/events/70594-ddg-prices-driven-higher-by-rise-in-corn-futures.md) | -1.0% | +0.3% |
| MILK | 2018-01-03 | [Milk price forecast turns a corner](https://feedsoft.ai/events/5206-milk-price-forecast-turns-a-corner.md) | -10.5% | -13.1% |
| MILK | 2018-06-20 | [Where are milk prices headed in rising dairy markets? - Farmers Weekly](https://feedsoft.ai/events/64546-where-are-milk-prices-headed-in-rising-dairy-markets-farmers-weekly.md) | -0.7% | -7.0% |
| MILK | 2019-02-20 | [International prices for milk and dairy products](https://feedsoft.ai/events/9987-international-prices-for-milk-and-dairy-products.md) | -0.3% | +6.8% |

## Sources

- idahofb.org: https://www.idahofb.org/news-room/posts/milk-corn-prices-up-in-2019/

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