# Dairy numbers considered, a look at 2019 and 2020 | Ohio Farm Business Analysis and Benchmarking Program

> An Ohio farm benchmarking analysis reviews 2019 and 2020 milk prices, showing the Federal Order 33 uniform price averaged $15.85 in 2020 versus $17.21 in 2019. It notes the US all-milk price fell to $18.30 in 2020 and that negative producer price differentials hit farm checks.

- Date: 2021-03-11 · published 2021-03-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/48121-dairy-numbers-considered-a-look-at-2019-and-2020-ohio-farm-business-analysis
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower historical milk prices and farm margins reflect weak dairy demand for feed, though this is backward-looking. It has little direct impact on current feed prices.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-05-07 | [Digging deeper into 2018 milk supply and demand numbers - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/59081-digging-deeper-into-2018-milk-supply-and-demand-numbers-progressive-dairy-ag.md) | -1.2% | -0.7% |
| MILK | 2021-03-03 | [USDA Report: U.S. Dairy Farm Numbers Continue to Decline](https://feedsoft.ai/events/48126-usda-report-u-s-dairy-farm-numbers-continue-to-decline.md) | +4.8% | +3.5% |
| MILK | 2020-12-18 | [Economic Review of Milk Costs in 2019 and Projections for the Rest of 2020 and 2021 - farmdoc daily](https://feedsoft.ai/events/49654-economic-review-of-milk-costs-in-2019-and-projections-for-the-rest-of-2020-and.md) | +0.5% | +3.8% |
| MILK | 2019-09-18 | [Livestock, Dairy, and Poultry Outlook: September 2019 \| Economic Research Service](https://feedsoft.ai/events/57030-livestock-dairy-and-poultry-outlook-september-2019-economic-research-service.md) | -0.2% | +1.7% |
| MILK | 2023-07-03 | [The Dairy Industry: Review of 2022 and a Look Ahead](https://feedsoft.ai/events/35067-the-dairy-industry-review-of-2022-and-a-look-ahead.md) | -1.8% | -2.6% |

## Sources

- farmprofitability.osu.edu: https://farmprofitability.osu.edu/news/dairy-numbers-considered-look-2019-and-2020

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