# Supply & Demand report projects lower milk production, higher exports - Brownfield Ag News

> USDA's January supply and demand report lowered milk production forecasts for 2019 and 2020. Fat-basis and skim-solids export forecasts were raised on strong cheese and nonfat dry milk demand, while cheese, butter and whey price forecasts were cut.

- Date: 2020-01-10 · published 2020-01-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/55247-supply-and-demand-report-projects-lower-milk-production-higher-exports
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower US milk output and higher exports tighten dairy supplies, supporting milk prices and modestly reducing domestic dairy feed demand.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-08-11 | [USDA projects lower dairy production, some higher prices - Brownfield Ag News](https://feedsoft.ai/events/34590-usda-projects-lower-dairy-production-some-higher-prices-brownfield-ag-news.md) | +0.1% | +7.1% |
| MILK | 2026-05-12 | [USDA projects more milk production, dairy trade, and higher 2026 milk prices - Brownfield Ag News](https://feedsoft.ai/events/19254-usda-projects-more-milk-production-dairy-trade-and-higher-2026-milk-prices.md) | -0.4% | -5.5% |
| MILK | 2020-10-09 | [USDA projects increased milk production and prices - Brownfield Ag News](https://feedsoft.ai/events/50645-usda-projects-increased-milk-production-and-prices-brownfield-ag-news.md) | +3.3% | +14.3% |
| MILK | 2016-12-12 | [Milk futures up on lower production estimates - Brownfield Ag News](https://feedsoft.ai/events/73506-milk-futures-up-on-lower-production-estimates-brownfield-ag-news.md) | +1.3% | -2.3% |
| MILK | 2019-06-11 | [USDA lowers milk production expectations, 2019 all milk price - Brownfield Ag News](https://feedsoft.ai/events/58605-usda-lowers-milk-production-expectations-2019-all-milk-price-brownfield-ag-news.md) | -0.1% | +6.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/supply-demand-report-projects-lower-milk-production-higher-exports/

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