# USDA calls for steady milk production, weakening prices - Brownfield Ag News

> USDA's February supply and demand report left 2020 milk production unchanged but lowered forecast cheese and butter prices on relatively weak demand. The 2020 Class III and Class IV prices were reduced, and the all-milk price was cut by 40 cents to $18.85 per hundredweight.

- Date: 2020-02-11 · published 2020-02-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/54591-usda-calls-for-steady-milk-production-weakening-prices-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower USDA price forecasts for cheese and butter signal weaker dairy revenue for producers and softer feed-buying capacity for dairy herds, pressuring milk-linked demand for feed.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-02-08 | [USDA calls for limited milk production and lower prices - Brownfield Ag News](https://feedsoft.ai/events/37359-usda-calls-for-limited-milk-production-and-lower-prices-brownfield-ag-news.md) | +0.9% | -0.5% |
| MILK | 2018-02-08 | [USDA cuts milk production, price estimates - Brownfield Ag News](https://feedsoft.ai/events/66485-usda-cuts-milk-production-price-estimates-brownfield-ag-news.md) | -0.9% | +4.3% |
| 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 | 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 | 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% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-calls-for-steady-milk-production-weakening-prices/

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