# Production declines could yield $1 bump to milk prices - Brownfield Ag News

> USDA's November supply and demand report cut its 2021 and 2022 milk production forecasts on expectations of fewer cows and lower output per cow. Butter, nonfat dry milk and whey prices were raised for 2021, while cheese was lowered, and the 2021 all-milk price was raised five cents to $18.50 while 2022 rose $1.05 to $20.25.

- Date: 2021-11-09 · published 2021-11-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/44053-production-declines-could-yield-1-bump-to-milk-prices-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tighter expected milk supply and firmer product prices point to higher milk prices for dairy producers, with the 2022 all-milk forecast implying a sizable gain.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-10-09 | [USDA projects increased milk production and prices - Brownfield Ag News](https://feedsoft.ai/events/50645-usda-projects-increased-milk-production-and-prices-brownfield-ag-news.md) | +3.3% | +14.3% |
| MILK | 2019-09-12 | [Dairy production tempers while prices increase - Brownfield Ag News](https://feedsoft.ai/events/57056-dairy-production-tempers-while-prices-increase-brownfield-ag-news.md) | -0.2% | +2.3% |
| MILK | 2026-05-12 | [USDA projects more milk production, dairy trade, and higher 2026 milk prices - Brownfield Ag News](https://feedsoft.ai/events/19254-usda-projects-more-milk-production-dairy-trade-and-higher-2026-milk-prices.md) | -0.4% | -5.5% |
| MILK | 2019-08-12 | [Dairy production and prices expected to stay flat to lower - Brownfield Ag News](https://feedsoft.ai/events/57575-dairy-production-and-prices-expected-to-stay-flat-to-lower-brownfield-ag-news.md) | +0.1% | +2.6% |
| MILK | 2022-12-09 | [Cheese and butter price increases supporting more milk production - Brownfield Ag News](https://feedsoft.ai/events/38258-cheese-and-butter-price-increases-supporting-more-milk-production-brownfield-ag.md) | +0.8% | -3.3% |

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/news/production-declines-could-yield-1-bump-to-milk-prices/

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