# Optimistic dairy markets - Brownfield Ag News

> A National Milk Producers Federation economist says the US dairy outlook is improving. US milk production growth of about 1% a year is manageable, and world prices for nonfat dry milk and dry whey are strengthening. Cheese and butter prices are also firming on the domestic market.

- Date: 2016-06-30 · published 2016-06-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4210-optimistic-dairy-markets-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Modest production growth that the market can absorb supports milk prices. Firming dry dairy and cheese prices point to a better milk price for producers.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2016-06-30 | 1 | +15.4% | 16.3 | On the move date, an NMPF economist's optimistic outlook with firming cheese, butter, NFDM and whey prices supported bullish sentiment. |
| MILK | 2016-07-01 | 5 | +14.0% | 8.8 | An improving outlook with firming cheese and butter prices and stronger world NFDM and whey prices supported bullish sentiment during the window. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/optimistic-dairy-markets/

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