# Dairy Situation and Outlook, June 18, 2019

> Hoard's outlook says Class III is expected near $16.30 in June and Class IV near $16.80, up from February and January lows. US milk output is roughly flat as cow numbers fall 0.9% year over year and culling rises 5%.

- Date: 2019-06-19 · published 2019-06-19T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/58739-dairy-situation-and-outlook-june-18-2019
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A shrinking herd lowers milk output and supports higher dairy prices, which typically means fewer cows and lower dairy feed demand over time.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2026-04-21 | [Dairy outlook 2026: Higher milk production and stronger prices](https://feedsoft.ai/events/19713-dairy-outlook-2026-higher-milk-production-and-stronger-prices.md) | -0.0% | +0.6% |
| 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 | 2025-01-22 | [Dairy Outlook: January 2025 - Dairy Producer](https://feedsoft.ai/events/26519-dairy-outlook-january-2025-dairy-producer.md) | +0.2% | +0.2% |
| MILK | 2024-09-24 | [Dairy Outlook: September 2024 - Dairy Producer](https://feedsoft.ai/events/28315-dairy-outlook-september-2024-dairy-producer.md) | -0.2% | -2.6% |

## Sources

- hoards.com: https://hoards.com/article-25772-Dairy-Situation-and-Outlook-June-18-2019.html

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