# WADSE Predicts Milk Production to Shrink • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach

> The USDA's August report reduced 2019 and 2020 milk production forecasts on a smaller herd and slower per-cow growth. It raised 2019 cheese, butter and whey prices, lowered nonfat dry milk prices, and cut 2020 product price forecasts. Export and import forecasts were adjusted for butter, milk protein concentrates and nonfat dry milk.

- Date: 2019-08-12 · published 2019-08-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/57578-wadse-predicts-milk-production-to-shrink-northwest-iowa-dairy-outlook-iowa
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower projected US milk supply supports dairy prices, while weak nonfat dry milk demand and rising global competition limit gains in skim-solid products used in feed.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-05-13 | [WASDE Predicts Milk Production and prices Up for 2020 • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach](https://feedsoft.ai/events/59085-wasde-predicts-milk-production-and-prices-up-for-2020-northwest-iowa-dairy.md) | -0.2% | -0.2% |
| MILK | 2018-06-19 | [WASDE Outlook Predicts Higher Milk Prices • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach](https://feedsoft.ai/events/64543-wasde-outlook-predicts-higher-milk-prices-northwest-iowa-dairy-outlook-iowa.md) | -0.8% | -7.1% |
| MILK | 2019-04-10 | [WASDE Lowers Milk Production Forecast • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach](https://feedsoft.ai/events/59603-wasde-lowers-milk-production-forecast-northwest-iowa-dairy-outlook-iowa-state.md) | +0.0% | +2.9% |
| MILK | 2022-02-10 | [WASDE Predicts Milk Price Up, But Margins Tighten • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach](https://feedsoft.ai/events/42866-wasde-predicts-milk-price-up-but-margins-tighten-northwest-iowa-dairy-outlook.md) | +0.4% | +8.5% |
| MILK | 2019-03-10 | [WASDE Lowers Milk Production Forecast; Raises All Milk Price Forecast • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach](https://feedsoft.ai/events/60097-wasde-lowers-milk-production-forecast-raises-all-milk-price-forecast-northwest.md) | -0.2% | +5.9% |

## Sources

- blogs.extension.iastate.edu: https://blogs.extension.iastate.edu/nwiadairyoutlook/2019/08/12/wadse-predicts-milk-production-to-shrink/

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