# Mielke: 2021 Milk Production Estimates Raised - EDairy News English

> USDA raised its 2021 U.S. milk production estimate by 200 million pounds to 227.9 billion, citing higher cow inventories and gains in milk per cow. The agency also issued a first 2022 forecast of 230.3 billion pounds. The 2021 Class III price was pegged at $17.70 per cwt, up 60 cents from the prior month.

- Date: 2021-05-20 · published 2021-05-20T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/47111-mielke-2021-milk-production-estimates-raised-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A larger projected milk supply in 2021 and 2022 points to heavier dairy product availability, which is bearish for milk prices. Higher feed costs could limit herd growth, though the near-term supply outlook is still expanding.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-06-16 | [Mielke: Milk Production Estimates Raised Again - EDairy News English](https://feedsoft.ai/events/46578-mielke-milk-production-estimates-raised-again-edairy-news-english.md) | +0.5% | -2.7% |
| 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 | 2020-10-22 | [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% |
| MILK | 2024-05-13 | [Increased cow numbers, milk per cow raise 2024-25 milk production estimates \| Ag Proud](https://feedsoft.ai/events/30250-increased-cow-numbers-milk-per-cow-raise-2024-25-milk-production-estimates-ag.md) | +0.5% | +5.7% |
| 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% |

## Sources

- en.edairynews.com: https://en.edairynews.com/mielke-2021-milk-production-estimates-raised/

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