# With more milk, sluggish prices could be in store

> StoneX dairy analyst Nate Donnay says the dairy cow herd grew by 93,000 head between June and December 2020, the fastest six-month expansion in over 22 years. Cheese and butter stocks ended 2020 well above year-earlier levels. He expects weaker demand and less government support to push prices lower.

- Date: 2021-02-10 · published 2021-02-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/48645-with-more-milk-sluggish-prices-could-be-in-store
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A larger herd and heavy product stocks point to sluggish milk prices, which weighs on the cost of dairy-based feed inputs.

## Read by commodity

- MILK: bearish ▼

## Sources

- hoards.com: https://hoards.com/article-permalink-29624.html

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