# Slow global milk production growth as expected - Brownfield Ag News

> An INTL-FCStone economist said global milk production growth slowed in the fourth quarter of 2019 roughly in line with forecasts, with weather not significantly denting output in major exporting regions. Two Global Dairy Trade auctions in December produced lower prices.

- Date: 2020-01-03 · published 2020-01-03T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/4658-slow-global-milk-production-growth-as-expected-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slowing milk supply growth alongside softening GDT prices suggests a balanced global dairy market, with prices expected to improve modestly in the coming auction.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-05-10 | [USDA calling for milk production growth - Brownfield Ag News](https://feedsoft.ai/events/30436-usda-calling-for-milk-production-growth-brownfield-ag-news.md) | +0.5% | +4.6% |
| MILK | 2022-10-12 | [USDA raises milk production and price expectations - Brownfield Ag News](https://feedsoft.ai/events/39141-usda-raises-milk-production-and-price-expectations-brownfield-ag-news.md) | -0.2% | -4.2% |
| MILK | 2020-05-13 | [USDA expects higher milk production, continued strong demand - Brownfield Ag News](https://feedsoft.ai/events/53291-usda-expects-higher-milk-production-continued-strong-demand-brownfield-ag-news.md) | +4.6% | +73.5% |
| MILK | 2021-02-04 | [Dairy product production sees greatest shift in dry milk - Brownfield Ag News](https://feedsoft.ai/events/48643-dairy-product-production-sees-greatest-shift-in-dry-milk-brownfield-ag-news.md) | -0.6% | +4.1% |
| MILK | 2022-05-12 | [USDA calls for increased milk production  - Brownfield Ag News](https://feedsoft.ai/events/41564-usda-calls-for-increased-milk-production-brownfield-ag-news.md) | +0.4% | -1.9% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/slow-global-milk-production-growth-as-expected/

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