# Skim milk powder stocks show largest YOY growth - Brownfield Ag News

> USDA's 2020 annual dairy products report shows skim milk powder production rose more than 21 percent, the largest increase, as processors shifted to storable products during the pandemic. Butter output rose more than 7 percent and cheese output reached over 13 billion pounds. Dairy product stocks have grown since late 2020, but strong exports and returning foodservice demand are supporting prices.

- Date: 2021-04-27 · published 2021-04-27T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/47611-skim-milk-powder-stocks-show-largest-yoy-growth-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher skim milk powder and dairy stocks add supply pressure, though firm export and institutional demand limits the price downside.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| MILK | 2017-05-23 | [Milk futures, cash cheese lower - Brownfield Ag News](https://feedsoft.ai/events/71154-milk-futures-cash-cheese-lower-brownfield-ag-news.md) | +0.1% | +4.7% |
| MILK | 2021-06-10 | [USDA calls for dairy herd growth - Brownfield Ag News](https://feedsoft.ai/events/46749-usda-calls-for-dairy-herd-growth-brownfield-ag-news.md) | +1.1% | +0.1% |
| MILK | 2022-11-09 | [Productive cows lowering milk outlook    - Brownfield Ag News](https://feedsoft.ai/events/38836-productive-cows-lowering-milk-outlook-brownfield-ag-news.md) | +0.5% | -2.4% |
| MILK | 2018-02-08 | [USDA cuts milk production, price estimates - Brownfield Ag News](https://feedsoft.ai/events/66485-usda-cuts-milk-production-price-estimates-brownfield-ag-news.md) | -0.9% | +4.3% |

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/news/skim-milk-powder-stocks-show-largest-yoy-growth/

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