# USDA Raises Forecasts for 2020 Milk Production - HART

> USDA raised its 2020 US milk production forecast by 100 million pounds to 222.5 billion pounds on higher cow numbers. Price forecasts for 2020 cheese, butter and nonfat dry milk were raised on recent price strength, while the whey forecast was lowered.

- Date: 2020-06-13 · published 2020-06-13T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/52608-usda-raises-forecasts-for-2020-milk-production-hart
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A larger US milk supply forecast is bearish for dairy prices, though the raised cheese, butter and NDM price forecasts reflect firmer demand and point to support for dairy product values.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-03-17 | [USDA Raises 2026 Milk Price Forecast as Dairy Production Grows](https://feedsoft.ai/events/20166-usda-raises-2026-milk-price-forecast-as-dairy-production-grows.md) | -0.3% | +4.9% |
| MILK | 2026-05-15 | [USDA Raises 2026 Milk Production Forecast; Price Forecasts Mixed - Cheese Reporter](https://feedsoft.ai/events/19256-usda-raises-2026-milk-production-forecast-price-forecasts-mixed-cheese-reporter.md) | -0.2% | -5.7% |
| 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% |
| MILK | 2026-08-12 | [USDA nudges 2026 milk production forecast higher \| Ag Proud](https://feedsoft.ai/events/17912-usda-nudges-2026-milk-production-forecast-higher-ag-proud.md) | -0.5% | -2.7% |
| MILK | 2025-05-20 | [USDA Raises 2025 U.S. Milk Production Forecast, Sees Slight Dip in 2026 Prices - Dairy Producer](https://feedsoft.ai/events/24676-usda-raises-2025-u-s-milk-production-forecast-sees-slight-dip-in-2026-prices.md) | +0.1% | +0.5% |

## Sources

- hartdesign.com: https://hartdesign.com/industry-news/usda-raises-forecasts-for-2020-milk-production/

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