# Economic Review of Milk Costs in 2019 and Projections for the Rest of 2020 and 2021 - farmdoc daily

> Illinois dairy producers earned an average net milk price of $18.72 per 100 pounds in 2019 against total economic costs of $21.34, leaving negative returns. Milk production per cow rose 293 pounds over 2018 and the article projects costs and returns for 2020 and 2021.

- Date: 2020-12-18 · published 2020-12-18T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/49654-economic-review-of-milk-costs-in-2019-and-projections-for-the-rest-of-2020-and
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Persistent negative margins for dairy producers can slow herd expansion over time, which is a longer-run factor for milk supply and dairy ingredient prices.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-08-14 | [Dairy Product, Milk Price Forecasts Mixed In Latest USDA Projections - Cheese Reporter](https://feedsoft.ai/events/17911-dairy-product-milk-price-forecasts-mixed-in-latest-usda-projections-cheese.md) | +0.2% | -2.7% |
| 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% |
| 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% |
| MILK | 2020-08-04 | [August 4, 2020: Dairy Week In Review \| Center for Dairy Excellence](https://feedsoft.ai/events/8830-august-4-2020-dairy-week-in-review-center-for-dairy-excellence.md) | -20.8% | -19.4% |
| MILK | 2022-10-12 | [USDA boosts milk production forecast but raises price projections too \| Ag Proud](https://feedsoft.ai/events/39241-usda-boosts-milk-production-forecast-but-raises-price-projections-too-ag-proud.md) | -0.2% | -4.2% |

## Sources

- farmdocdaily.illinois.edu: https://farmdocdaily.illinois.edu/2020/12/economic-review-of-milk-costs-in-2019-and-projections-for-the-rest-of-2020-and-2021.html

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