# USDA continues to raise milk production and prices - Brownfield Ag News

> USDA's November supply and demand report raised its 2020 and 2021 US milk production estimates on higher milk per cow and larger herds. The agency raised 2020 cheese, nonfat dry milk and whey price forecasts while cutting butter, and lifted the 2020 all-milk price by $0.25 to $18.25 per hundredweight.

- Date: 2020-11-10 · published 2020-11-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/50158-usda-continues-to-raise-milk-production-and-prices-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher projected milk output widens supply, while the revised price mix signals firmer dairy product values, which affects dairy-linked feed demand and dairy-cow feed purchasing decisions.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-10-12 | [USDA raises milk production and price expectations - Brownfield Ag News](https://feedsoft.ai/events/39141-usda-raises-milk-production-and-price-expectations-brownfield-ag-news.md) | -0.2% | -4.2% |
| MILK | 2020-05-13 | [USDA expects higher milk production, continued strong demand - Brownfield Ag News](https://feedsoft.ai/events/53291-usda-expects-higher-milk-production-continued-strong-demand-brownfield-ag-news.md) | +4.6% | +73.5% |
| MILK | 2024-05-10 | [USDA calling for milk production growth - Brownfield Ag News](https://feedsoft.ai/events/30436-usda-calling-for-milk-production-growth-brownfield-ag-news.md) | +0.5% | +4.6% |
| MILK | 2022-05-12 | [USDA calls for increased milk production  - Brownfield Ag News](https://feedsoft.ai/events/41564-usda-calls-for-increased-milk-production-brownfield-ag-news.md) | +0.4% | -1.9% |
| MILK | 2019-10-10 | [Dairy production increases reflected in 2020 all milk price - Brownfield Ag News](https://feedsoft.ai/events/56718-dairy-production-increases-reflected-in-2020-all-milk-price-brownfield-ag-news.md) | -0.5% | +8.1% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-continues-to-raise-milk-production-and-prices/

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