# Dairy production increases reflected in 2020 all milk price - Brownfield Ag News

> USDA raised its milk production forecast for 2019 and 2020 because of stronger milk per cow and higher cow numbers. The 2019 all-milk price was raised five cents to $18.40/cwt, and the 2020 price was unchanged at $18.85/cwt. Cheese and nonfat dry milk price forecasts were raised, while butter and whey were reduced.

- Date: 2019-10-10 · published 2019-10-10T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/56718-dairy-production-increases-reflected-in-2020-all-milk-price-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expanded milk supply is a bearish factor for dairy prices, but firmer cheese and powder prices offset part of that pressure. The net result is a stable 2020 all-milk outlook.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-05-12 | [USDA calls for increased milk production  - Brownfield Ag News](https://feedsoft.ai/events/41564-usda-calls-for-increased-milk-production-brownfield-ag-news.md) | +0.4% | -1.9% |
| MILK | 2021-02-04 | [Dairy product production sees greatest shift in dry milk - Brownfield Ag News](https://feedsoft.ai/events/48643-dairy-product-production-sees-greatest-shift-in-dry-milk-brownfield-ag-news.md) | -0.6% | +4.1% |
| MILK | 2022-10-12 | [USDA raises milk production and price expectations - Brownfield Ag News](https://feedsoft.ai/events/39141-usda-raises-milk-production-and-price-expectations-brownfield-ag-news.md) | -0.2% | -4.2% |
| MILK | 2020-07-01 | [May dairy product production mixed, huge gains in SMP - Brownfield Ag News](https://feedsoft.ai/events/52122-may-dairy-product-production-mixed-huge-gains-in-smp-brownfield-ag-news.md) | +12.9% | +16.5% |
| MILK | 2018-04-27 | [USDA says most dairy products had more production in 2017 - Brownfield Ag News](https://feedsoft.ai/events/65511-usda-says-most-dairy-products-had-more-production-in-2017-brownfield-ag-news.md) | +4.2% | +4.7% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/dairy-production-increases-reflected-in-2020-all-milk-price/

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