# Increasing milk production expected to keep dairy prices low - Brownfield Ag News

> USDA's August supply and demand report projects higher 2020 US milk production, as growth in milk per cow offsets a smaller herd. USDA lowered its 2020 cheese, butter and nonfat dry milk price forecasts and cut the 2020 all-milk price by $0.30 to $17.95/cwt. It also expects 2021 cheese and butter prices to fall.

- Date: 2020-08-12 · published 2020-08-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/51624-increasing-milk-production-expected-to-keep-dairy-prices-low-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher expected milk output paired with lower product prices points to weaker Class III and Class IV milk prices, which lowers the cost of dairy-based feed ingredients and reduces dairy herd feed-buying power.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-12-12 | [USDA lowers milk production, price expectations - Brownfield Ag News](https://feedsoft.ai/events/67493-usda-lowers-milk-production-price-expectations-brownfield-ag-news.md) | -0.7% | -11.7% |
| MILK | 2020-09-11 | [USDA remains firm on increasing milk production, lower price projections - Brownfield Ag News](https://feedsoft.ai/events/51128-usda-remains-firm-on-increasing-milk-production-lower-price-projections.md) | -1.6% | +24.9% |
| MILK | 2026-06-12 | [Growing dairy production limits milk prices in USDA’s outlook - Brownfield Ag News](https://feedsoft.ai/events/18975-growing-dairy-production-limits-milk-prices-in-usda-s-outlook-brownfield-ag-news.md) | +0.3% | -1.6% |
| MILK | 2025-10-22 | [Milk production up more than 3% in August, pushing dairy prices down - Brownfield Ag News](https://feedsoft.ai/events/22574-milk-production-up-more-than-3-in-august-pushing-dairy-prices-down-brownfield.md) | -0.4% | +1.5% |
| MILK | 2021-12-03 | [Dairy product production slows - Brownfield Ag News](https://feedsoft.ai/events/43590-dairy-product-production-slows-brownfield-ag-news.md) | +1.5% | +0.5% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/increasing-milk-production-expected-to-keep-dairy-prices-low/

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