# USDA calls for dairy herd growth - Brownfield Ag News

> USDA's June supply and demand report raised 2021 and 2022 milk production estimates on expected growth in cow numbers. The agency lowered the 2021 Class III price forecast on weaker cheese prices, while raising Class IV expectations on butter and nonfat dry milk.

- Date: 2021-06-10 · published 2021-06-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/46749-usda-calls-for-dairy-herd-growth-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher production forecasts and lower Class III prices point to softer milk values for producers, with Class IV support from powder and butter.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-11-08 | [USDA reduces dairy forecasts - Brownfield Ag News](https://feedsoft.ai/events/62187-usda-reduces-dairy-forecasts-brownfield-ag-news.md) | +0.8% | -5.6% |
| MILK | 2023-04-05 | [Most dairy product production up for February - Brownfield Ag News](https://feedsoft.ai/events/36409-most-dairy-product-production-up-for-february-brownfield-ag-news.md) | +3.4% | -7.1% |
| MILK | 2023-02-08 | [USDA calls for limited milk production and lower prices - Brownfield Ag News](https://feedsoft.ai/events/37359-usda-calls-for-limited-milk-production-and-lower-prices-brownfield-ag-news.md) | +0.9% | -0.5% |
| MILK | 2020-02-11 | [USDA calls for steady milk production, weakening prices - Brownfield Ag News](https://feedsoft.ai/events/54591-usda-calls-for-steady-milk-production-weakening-prices-brownfield-ag-news.md) | -0.4% | -4.2% |
| MILK | 2021-02-09 | [Growing herd size dropping milk price forecast - Brownfield Ag News](https://feedsoft.ai/events/48642-growing-herd-size-dropping-milk-price-forecast-brownfield-ag-news.md) | +0.2% | +5.1% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-calls-for-dairy-herd-growth/

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