# Dairy Market Update April 2024 | MCT Dairies, Inc.

> An MCT Dairies update estimates world milk production could rise to 1.2 billion metric tons by 2050, with growth expected mainly from China and India. The outlook stresses per-cow productivity gains rather than adding many more cows.

- Date: 2024-05-01 · published 2024-05-01T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/4267-dairy-market-update-april-2024-mct-dairies-inc
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Long-run milk output growth shapes dairy demand for feed and protein inputs over decades. This long-range outlook has little direct effect on current prices.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-04-23 | [Dairy Outlook: April 2024 - Dairy Producer](https://feedsoft.ai/events/30735-dairy-outlook-april-2024-dairy-producer.md) | -0.4% | +20.1% |
| MILK | 2023-06-14 | [May dairy market review \| AHDB](https://feedsoft.ai/events/35493-may-dairy-market-review-ahdb.md) | -0.9% | -8.3% |
| MILK | 2021-03-02 | [February 2021 Dairy Market Report - EDairy News English](https://feedsoft.ai/events/48120-february-2021-dairy-market-report-edairy-news-english.md) | +4.5% | +3.5% |
| MILK | 2025-04-27 | [The KDM Dairy Report 4/27/2025 \| KDM Trading Inc](https://feedsoft.ai/events/11901-the-kdm-dairy-report-4-27-2025-kdm-trading-inc.md) | +6.0% | +6.5% |
| MILK | 2023-05-03 | [Economic update: April FMMO milk class prices mixed \| Ag Proud](https://feedsoft.ai/events/8134-economic-update-april-fmmo-milk-class-prices-mixed-ag-proud.md) | -11.9% | -13.2% |

## Sources

- mctdairies.com: https://www.mctdairies.com/dairy-markets-april-2024/

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