# USDA Report: U.S. Dairy Farm Numbers Continue to Decline

> USDA's NASS Milk Production report shows US licensed dairy operations fell again, to just under 32,000, and 2020 milk output rose just over 2% to 223 billion pounds. The American Farm Bureau notes that rising corn and soybean meal prices are expected to continue into 2021.

- Date: 2021-03-03 · published 2021-03-03T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/48126-usda-report-u-s-dairy-farm-numbers-continue-to-decline
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising feed costs squeeze dairy margins and may slow herd expansion, which can soften future demand for feed. Higher corn and meal prices are the key mechanism here.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-01-29 | [Whey demand continues to dwindle - Dairy Star](https://feedsoft.ai/events/6014-whey-demand-continues-to-dwindle-dairy-star.md) | +7.0% | +6.1% |
| MILK | 2022-07-25 | [Dairy Diary: Crop report shows 15% of U.S. corn is silking](https://feedsoft.ai/events/40632-dairy-diary-crop-report-shows-15-of-u-s-corn-is-silking.md) | 0.0% | -10.8% |
| MILK | 2025-07-12 | [Cheese production continues to grow - Dairy Star](https://feedsoft.ai/events/23757-cheese-production-continues-to-grow-dairy-star.md) | +0.5% | -0.0% |
| MILK | 2017-07-15 | [Dairy Report
Compiled by USDA Market News Service • Madison, Wis. \| Capital Press](https://feedsoft.ai/events/69996-dairy-report-compiled-by-usda-market-news-service-madison-wis-capital-press.md) | -0.8% | +5.4% |
| MILK | 2025-01-06 | [USDA Dairy Production Report: Surprising Trends in Cheese, Butter, and Milk Output for November 2024 \| The Bullvine](https://feedsoft.ai/events/26522-usda-dairy-production-report-surprising-trends-in-cheese-butter-and-milk-output.md) | -1.3% | -0.4% |
| CORN | 2019-11-21 | [Cash traders question USDA numbers - Farm and Dairy](https://feedsoft.ai/events/56092-cash-traders-question-usda-numbers-farm-and-dairy.md) | -0.5% | +2.1% |
| CORN | 2020-06-11 | [World Numbers a Bright Spot in USDA Report \| Red River Farm Network](https://feedsoft.ai/events/52554-world-numbers-a-bright-spot-in-usda-report-red-river-farm-network.md) | +1.0% | +5.3% |
| CORN | 2018-04-03 | [Planting report leads to market rally - Farm and Dairy](https://feedsoft.ai/events/65541-planting-report-leads-to-market-rally-farm-and-dairy.md) | +0.7% | +1.4% |

## Sources

- utahfarmbureau.org: https://www.utahfarmbureau.org/Article/USDA-Report-US-Dairy-Farm-Numbers-Continue-to-Decline

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