# Less acceleration: Milk production growth slowed in January | Ag Proud

> USDA's January Milk Production report showed U.S. output up 1.6% year on year to 19.17 billion pounds. U.S. cow numbers were 9.45 million, up 85,000 head, and growth slipped below 2% for the first time since August.

- Date: 2021-02-24 · published 2021-02-24T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/48644-less-acceleration-milk-production-growth-slowed-in-january-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Continued expansion in cow numbers keeps milk supply heavy, although slower growth may ease some pressure on dairy prices later in the year.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-11-21 | [Milk production growth continues -  \| Ag Proud](https://feedsoft.ai/events/9917-milk-production-growth-continues-ag-proud.md) | -9.4% | -8.3% |
| MILK | 2019-02-21 | [December milk production growth slows, milk prices lower - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/60591-december-milk-production-growth-slows-milk-prices-lower-progressive-dairy-ag.md) | +9.3% | +6.6% |
| MILK | 2026-02-05 | [January milk prices reach new lows \| Ag Proud](https://feedsoft.ai/events/20766-january-milk-prices-reach-new-lows-ag-proud.md) | -2.1% | +6.6% |
| MILK | 2017-06-21 | [Weaker milk per cow tempered growth in May -  \| Ag Proud](https://feedsoft.ai/events/70632-weaker-milk-per-cow-tempered-growth-in-may-ag-proud.md) | +0.1% | -4.7% |
| MILK | 2024-12-11 | [USDA projections highlight increased milk production \| Ag Proud](https://feedsoft.ai/events/26969-usda-projections-highlight-increased-milk-production-ag-proud.md) | -0.5% | +8.4% |

## Sources

- agproud.com: https://www.agproud.com/articles/35943-less-acceleration-milk-production-growth-slowed-in-january

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