# Dairy Marketplace Outlook for 2021 - Purdue Ag Econ Report

> Purdue's outlook reviews 2020 dairy markets, noting USDA's 2020 milk production forecast at 222.5 billion pounds, up 0.2 billion from October. US dairy prices have become competitive on world markets, with expected gains in exports of cheese, butterfat and skim milk powder.

- Date: 2021-01-01 · published 2021-01-01T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/49653-dairy-marketplace-outlook-for-2021-purdue-ag-econ-report
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Growing US export competitiveness supports demand for US dairy products, partly offsetting the downward pressure from higher milk output.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-12-17 | [Margin outlook tightens as new DMC deadline looms - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/55734-margin-outlook-tightens-as-new-dmc-deadline-looms-progressive-dairy-ag-proud.md) | -0.1% | -12.4% |
| MILK | 2025-04-15 | [Dairy Market Update March 2025 \| MCT Dairies, Inc.](https://feedsoft.ai/events/25127-dairy-market-update-march-2025-mct-dairies-inc.md) | +0.8% | +7.1% |
| MILK | 2021-07-30 | [U.S. Ag Groups Ask For More Trade Reforms - EDairy News English](https://feedsoft.ai/events/46059-u-s-ag-groups-ask-for-more-trade-reforms-edairy-news-english.md) | -2.4% | -3.0% |
| MILK | 2025-02-28 | [Tariffs to Artificial Intelligence, Dairy Market Faces a Number of Uncertainties](https://feedsoft.ai/events/26206-tariffs-to-artificial-intelligence-dairy-market-faces-a-number-of-uncertainties.md) | -9.5% | -7.7% |
| MILK | 2017-06-22 | [NAFTA Renegotiation: Issues for U.S. Agriculture - EveryCRSReport.com](https://feedsoft.ai/events/70476-nafta-renegotiation-issues-for-u-s-agriculture-everycrsreport-com.md) | -3.1% | -5.0% |

## Sources

- ag.purdue.edu: https://ag.purdue.edu/commercialag/home/paer-article/the-dairy-marketplace-reflections-on-2020-and-factors-to-watch-in-2021/

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