# USDA expects higher milk production, continued strong demand - Brownfield Ag News

> USDA's May supply and demand report raised 2020 milk production on higher cow numbers and expects fewer cows but more milk in 2021. Export and import forecasts were raised for skim solids and fat, and the 2020 all-milk price was set at $14.55 per cwt. Class III was raised and Class IV lowered for 2020.

- Date: 2020-05-13 · published 2020-05-13T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/53291-usda-expects-higher-milk-production-continued-strong-demand-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher milk output with firm export demand is a mixed signal for dairy prices, with Class III strength offset by lower Class IV. The 2021 forecast of higher prices supports the medium-term outlook for dairy-linked feed.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-11-10 | [USDA continues to raise milk production and prices - Brownfield Ag News](https://feedsoft.ai/events/50158-usda-continues-to-raise-milk-production-and-prices-brownfield-ag-news.md) | -1.8% | -33.8% |
| 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 | 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 | 2020-01-03 | [Slow global milk production growth as expected - Brownfield Ag News](https://feedsoft.ai/events/4658-slow-global-milk-production-growth-as-expected-brownfield-ag-news.md) | -0.6% | -0.1% |
| 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% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-expects-higher-milk-production-continued-strong-demand/

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