# Washington Dairygrams - August 10, 2019

> Hoard's Dairyman's Washington Dairygrams column reports Class III futures averaging $17.70 through mid-July after a 70-cent rise, and USDA raising its 2019 All-Milk price projection to $18.20. It also notes that US cheese, whey and skim milk powder sales to China have fallen sharply since retaliatory tariffs, with African swine fever possibly a larger factor in whey declines.

- Date: 2019-07-31 · published 2019-07-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/58255-washington-dairygrams-august-10-2019
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Stronger Class III milk prices and USDA's higher forecast support dairy-feed demand outlook, while China trade barriers and swine fever cut export demand for dairy and whey feed ingredients.

## Read by commodity

- DDGS: neutral
- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-06-19 | [Dairy Situation and Outlook, June 18, 2019](https://feedsoft.ai/events/58739-dairy-situation-and-outlook-june-18-2019.md) | +0.2% | +6.3% |
| MILK | 2019-04-22 | [Dairy Situation and Outlook, April 22, 2019](https://feedsoft.ai/events/59605-dairy-situation-and-outlook-april-22-2019.md) | +0.3% | +2.4% |
| MILK | 2019-12-06 | [November 2019 Dairy Market Report](https://feedsoft.ai/events/6373-november-2019-dairy-market-report.md) | +0.3% | -12.4% |
| MILK | 2017-08-02 | [August dairy economic update: MPP-Dairy margin rebounds -  \| Ag Proud](https://feedsoft.ai/events/5479-august-dairy-economic-update-mpp-dairy-margin-rebounds-ag-proud.md) | +4.8% | +6.7% |
| MILK | 2019-09-19 | [U.S. milk production growth remains small in August - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/57060-u-s-milk-production-growth-remains-small-in-august-progressive-dairy-ag-proud.md) | +0.1% | +2.0% |

## Sources

- hoards.com: https://hoards.com/article-25966-washington-dairygrams---august-10-2019.html

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