# WASDE Report Lowers Milk Production Forecasts • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach

> The January WASDE lowered US milk production forecasts for 2019 and 2020 because of slower growth in milk per cow. Cheese, butter and whey price forecasts for 2020 were reduced on weak demand and high stocks, and the 2020 all-milk price forecast was cut to $19.25 per cwt.

- Date: 2020-01-13 · published 2020-01-13T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/55104-wasde-report-lowers-milk-production-forecasts-northwest-iowa-dairy-outlook-iowa
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower production is supportive for milk supply, but cuts to product price forecasts signal weaker dairy demand. Net effect on dairy feed demand is mixed.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-10-11 | [USDA Forecast 2020 Milks Holds At $18.85/cwt • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach](https://feedsoft.ai/events/56717-usda-forecast-2020-milks-holds-at-18-85-cwt-northwest-iowa-dairy-outlook-iowa.md) | -0.2% | +7.1% |
| MILK | 2019-12-18 | [Milk production forecasts unchanged in latest WASDE report \| Market Columns \| leadertelegram.com](https://feedsoft.ai/events/55582-milk-production-forecasts-unchanged-in-latest-wasde-report-market-columns.md) | -0.1% | -12.3% |
| MILK | 2026-08-14 | [Dairy Product, Milk Price Forecasts Mixed In Latest USDA Projections - Cheese Reporter](https://feedsoft.ai/events/17911-dairy-product-milk-price-forecasts-mixed-in-latest-usda-projections-cheese.md) | +0.2% | -2.7% |
| MILK | 2025-01-06 | [USDA Dairy Production Report: Surprising Trends in Cheese, Butter, and Milk Output for November 2024 \| The Bullvine](https://feedsoft.ai/events/26522-usda-dairy-production-report-surprising-trends-in-cheese-butter-and-milk-output.md) | -1.3% | -0.4% |
| MILK | 2023-12-23 | [Midwest cheesemakers report steady production - Dairy Star](https://feedsoft.ai/events/32702-midwest-cheesemakers-report-steady-production-dairy-star.md) | -0.1% | -5.7% |

## Sources

- blogs.extension.iastate.edu: https://blogs.extension.iastate.edu/nwiadairyoutlook/2020/01/13/wasde-report-lowers-milk-production-forecasts/

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