# Dairy Recovery Set to Continue Into Next Year - ProAg

> USDA forecasts Class III prices near $18 per cwt in Q4 2019, with some analysts seeing $19, and an all-milk price of $18.40 for the full year versus $16.26 last year. September Milk Production Report showed top-24-state output up 1.6% year on year with cow numbers down 11,000 head.

- Date: 2019-10-25 · published 2019-10-25T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/56558-dairy-recovery-set-to-continue-into-next-year-proag
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A forecast dairy price recovery into 2020 improves dairy producer margins, which can support higher feed purchasing over time.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-07-27 | [Dairy prices continue recent strength - Dairy Star](https://feedsoft.ai/events/6825-dairy-prices-continue-recent-strength-dairy-star.md) | +2.4% | +4.2% |
| MILK | 2024-07-13 | [Milk continues to go up - Dairy Star](https://feedsoft.ai/events/29261-milk-continues-to-go-up-dairy-star.md) | +0.5% | +3.6% |
| MILK | 2019-04-25 | [2019 Could Be Year Of Recovery For Dairy Industry - EDairy News English](https://feedsoft.ai/events/59729-2019-could-be-year-of-recovery-for-dairy-industry-edairy-news-english.md) | +1.3% | +2.6% |
| MILK | 2019-05-31 | [Dairy Situation And Outlook: Milk Market Looks To Continue Improvement - EDairy News English](https://feedsoft.ai/events/59220-dairy-situation-and-outlook-milk-market-looks-to-continue-improvement-edairy.md) | -1.0% | -0.7% |
| MILK | 2019-03-26 | [Milk production continues to slow](https://feedsoft.ai/events/60104-milk-production-continues-to-slow.md) | +0.1% | +5.8% |

## Sources

- proag.com: https://www.proag.com/news/dairy-recovery-set-to-continue-into-next-year/

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