# NMPF economist calls 2020 milk prices $1 higher - Brownfield Ag News

> The National Milk Producers Federation economist expects 2020 milk prices to be about a dollar higher than 2019 futures levels. He identified cheddar cheese, nonfat dry milk and milk production trends as the main price drivers.

- Date: 2020-01-02 · published 2020-01-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55248-nmpf-economist-calls-2020-milk-prices-1-higher-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expected higher milk prices support dairy herd feeding budgets, though the outlook depends on production trends that could shift.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/nmpf-economist-calls-2020-milk-prices-1-higher/

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