# USDA Forecast 2020 Milks Holds At $18.85/cwt • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach

> USDA's October WASDE raised its 2019 and 2020 milk production forecasts on higher cow numbers and stronger milk per cow. The 2020 all-milk price was held at $18.85/cwt, with the Class III price raised and the Class IV price lowered. Import forecasts for 2020 were cut on newly announced additional tariffs on some EU dairy products.

- Date: 2019-10-11 · published 2019-10-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/56717-usda-forecast-2020-milks-holds-at-18-85-cwt-northwest-iowa-dairy-outlook-iowa
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher expected milk output weighs on dairy prices, while the tariff-related import cut tightens the market for some dairy products. The mixed Class III and Class IV revisions point to uneven price effects across dairy products.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-01-13 | [WASDE Report Lowers Milk Production Forecasts • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach](https://feedsoft.ai/events/55104-wasde-report-lowers-milk-production-forecasts-northwest-iowa-dairy-outlook-iowa.md) | -0.1% | +0.1% |
| MILK | 2026-03-17 | [USDA Raises 2026 Milk Price Forecast as Dairy Production Grows](https://feedsoft.ai/events/20166-usda-raises-2026-milk-price-forecast-as-dairy-production-grows.md) | -0.3% | +4.9% |
| 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 | 2025-05-20 | [USDA Raises 2025 U.S. Milk Production Forecast, Sees Slight Dip in 2026 Prices - Dairy Producer](https://feedsoft.ai/events/24676-usda-raises-2025-u-s-milk-production-forecast-sees-slight-dip-in-2026-prices.md) | +0.1% | +0.5% |
| 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% |

## Sources

- blogs.extension.iastate.edu: https://blogs.extension.iastate.edu/nwiadairyoutlook/2019/10/11/usda-forecast-2020-milks-holds-at-18-85-cwt/

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