# Are we headed for record milk prices?

> US dairy cow numbers have fallen by about 120,000 head since January 2018, holding annual milk production growth below 1% in 2018 and 2019. Farm-level milk prices have risen for seven consecutive months to $18.90 per hundredweight.

- Date: 2019-10-23 · published 2019-10-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/56557-are-we-headed-for-record-milk-prices
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tighter milk supply supports higher dairy prices, and continued herd contraction would sustain demand for feed and dairy-linked ingredients.

## Read by commodity

- MILK: bullish ▲

## Sources

- hoards.com: https://hoards.com/article-26568-are-we-headed-for-record-milk-prices.html

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