◂ Event Timeline

Aug 9, 2021REPORTUS

U.S. milk-fat supply climbed from 2000 to 2019, as did the use of milk fat in cheese and butter production

An Economic Research Service chart analysis reports that US milk-fat supply rose between 2000 and 2019, along with the use of milk fat in cheese and butter production. The piece is a historical data illustration with no new market event.

WHY IT MATTERS

The long-run growth in milk-fat supply reflects structural dairy output expansion, but it offers no near-term price signal for feed buyers.

AFFECTSMilk (Class III)

SOURCE
ers.usda.govAug 9, 2021

Price reaction & history

Milk (Class III)no directional readSO FAR1d +0.4%5d +1.1%20d +3.9%

After 664 past report events, Milk (Class III) moved a median -0.1% over 5 sessions (44% higher; middle half -0.7% to +0.5%), and -0.1% over 20.

Jan 6, 2025USDA Dairy Production Report: Surprising Trends in Cheese, Butter, and Milk Output for November 2024 | The Bullvine-1.3%
Dec 18, 2020Economic Review of Milk Costs in 2019 and Projections for the Rest of 2020 and 2021 - farmdoc daily+0.5%
Aug 6, 2018Monitoring Trends in Retail Prices and Farm Shares of Food Products | Economic Research Service+1.1%
Jan 31, 2020Two thirds of EU milk used to make cheese and butter - Products Eurostat News - Eurostat-0.5%
Dec 10, 2025USDA Lowers 2026 Milk Production, Cheese And Butter Price Forecasts - Cheese Reporter-0.8%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

Milk (Class III) MILK · GP ▸

——— · ·

Loading…