# 2022 economic state of the U.S. dairy industry - Progressive Dairy | Ag Proud

> An NMPF economist reviews the US dairy industry, noting that milk production growth has slowed sharply since summer 2021 after a long period of herd expansion. He cites rising milk solids and butterfat content as farms sought higher returns from fat.

- Date: 2022-03-11 · published 2022-03-11T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/42283-2022-economic-state-of-the-u-s-dairy-industry-progressive-dairy-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slowing milk supply growth supports dairy prices and reduces the byproduct feed output tied to dairy processing, a background factor for feed buyers.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-01-23 | [Economist expects dairy prices to improve - Brownfield Ag News](https://feedsoft.ai/events/73111-economist-expects-dairy-prices-to-improve-brownfield-ag-news.md) | -0.1% | +0.7% |
| MILK | 2026-04-21 | [What’s Driving a Better Dairy Outlook in the Second Half of 2026 - Dairy Herd](https://feedsoft.ai/events/19873-what-s-driving-a-better-dairy-outlook-in-the-second-half-of-2026-dairy-herd.md) | -0.0% | +0.6% |
| MILK | 2019-01-16 | [Dairy and the cost of production in tough times \| UMN Extension](https://feedsoft.ai/events/61113-dairy-and-the-cost-of-production-in-tough-times-umn-extension.md) | -0.5% | -0.3% |
| MILK | 2019-01-21 | [Cornell Professor Shares 2019 Dairy Economy Predictions - EDairy News English](https://feedsoft.ai/events/61110-cornell-professor-shares-2019-dairy-economy-predictions-edairy-news-english.md) | -0.1% | -0.1% |
| MILK | 2026-07-21 | [Protein inflation surges as costlier fodder pushes up milk, chicken prices - The Economic Times](https://feedsoft.ai/events/18511-protein-inflation-surges-as-costlier-fodder-pushes-up-milk-chicken-prices-the.md) | +0.1% | +5.4% |

## Sources

- agproud.com: https://www.agproud.com/articles/54499-2022-economic-state-of-the-u-s-dairy-industry

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