# Mielke: Milk Production Estimates Raised Again - EDairy News English

> USDA's June WASDE raised 2021 and 2022 US milk production estimates by 600 million and 800 million pounds respectively, citing higher cow numbers. The Class III price forecast was cut to $17.45 per cwt on lower cheese prices, while butter, nonfat dry milk and whey price forecasts were raised.

- Date: 2021-06-16 · published 2021-06-16T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/46578-mielke-milk-production-estimates-raised-again-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher production forecasts with a lower Class III outlook signal ample milk supply, bearish for milk-based feed ingredients, though higher butter and powder forecasts partly offset this.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-05-20 | [Mielke: 2021 Milk Production Estimates Raised - EDairy News English](https://feedsoft.ai/events/47111-mielke-2021-milk-production-estimates-raised-edairy-news-english.md) | 0.0% | -8.7% |
| MILK | 2022-11-15 | [Lee Mielke: Production estimate raised again \| Capital Press](https://feedsoft.ai/events/38704-lee-mielke-production-estimate-raised-again-capital-press.md) | +0.1% | -2.2% |
| MILK | 2026-07-25 | [USDA raises milk production estimates - Dairy Star](https://feedsoft.ai/events/18527-usda-raises-milk-production-estimates-dairy-star.md) | -0.8% | +5.4% |
| MILK | 2020-12-15 | [Mielke: Production estimate rises again \| Capital Press](https://feedsoft.ai/events/49651-mielke-production-estimate-rises-again-capital-press.md) | -0.9% | +3.0% |
| MILK | 2020-10-22 | [September Milk Production Up 2.3% - EDairy News English](https://feedsoft.ai/events/50650-september-milk-production-up-2-3-edairy-news-english.md) | +0.8% | +7.8% |

## Sources

- en.edairynews.com: https://en.edairynews.com/mielke-milk-production-estimates-raised-again/

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