# USDA Forecasts Lower 2022 Cheese Prices - HART Design

> USDA's May WASDE projects 2022 cheese prices lower than 2021, with cheese forecast at $1.740 per pound for 2021. The report raised 2021 milk production to 227.9 billion pounds and forecast 2022 output at 230.3 billion. Higher cow inventories drove the upward revision.

- Date: 2021-05-16 · published 2021-05-16T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/47113-usda-forecasts-lower-2022-cheese-prices-hart-design
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A larger milk supply and weaker expected cheese and whey prices point to lower dairy product values ahead. Feed buyers may see reduced dairy herd demand for feed over time if margins stay thin.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-05-14 | [USDA Ups 2022 Milk Production, Cheese & Butter Price Forecasts](https://feedsoft.ai/events/41410-usda-ups-2022-milk-production-cheese-and-butter-price-forecasts.md) | +0.5% | -2.7% |
| MILK | 2025-04-11 | [USDA Hikes 2025 Milk Production Forecast, Lowers Dairy Product Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/25122-usda-hikes-2025-milk-production-forecast-lowers-dairy-product-price-forecasts.md) | +0.8% | +6.8% |
| MILK | 2026-10-09 | [USDA Lowers 2026, 2027 Milk Production Forecasts; Price Forecasts Mixed - Cheese Reporter](https://feedsoft.ai/events/17113-usda-lowers-2026-2027-milk-production-forecasts-price-forecasts-mixed-cheese.md) | +1.5% | +14.9% |
| MILK | 2026-07-10 | [USDA Raises 2026, 2027 Milk Production Forecasts, Lowers Most Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/18336-usda-raises-2026-2027-milk-production-forecasts-lowers-most-price-forecasts.md) | +0.4% | +6.4% |
| MILK | 2025-11-14 | [USDA Hikes 2025, 2026 Milk Production Forecasts, Lowers Most Dairy Product Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/21954-usda-hikes-2025-2026-milk-production-forecasts-lowers-most-dairy-product-price.md) | +0.1% | -7.6% |

## Sources

- hartdesign.com: https://hartdesign.com/industry-news/forecasts-lower-cheese-prices/

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