# Trends in production, herd sizes signal unfolding change in dairy industry

> DMI and NMPF data show US milk and milk solids production growth through September had its fastest four-month slowdown in two decades, with the decline continuing into October. Herd dispersals, particularly among large herds, are reported, and national milk prices have hovered around the low $18/cwt range.

- Date: 2021-11-30 · published 2021-11-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44055-trends-in-production-herd-sizes-signal-unfolding-change-in-dairy-industry
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A shrinking US dairy herd signals future tightening of milk supply, which is supportive for milk prices and dairy demand for feed.

## Read by commodity

- MILK: bullish ▲

## Sources

- wisfarmer.com: https://www.wisfarmer.com/story/news/2021/11/30/trends-production-herd-sizes-signal-unfolding-change-dairy-industry/8806720002/

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