# Dairy Situation And Outlook: Milk Market Looks To Continue Improvement - EDairy News English

> A University of Wisconsin outlook reports that US milk production grew less than 1% from late 2018 into 2019, with March output down 0.6% year on year. Dairy product output and stocks have tightened, with butter, cheese and nonfat dry milk production down, and prices are expected to keep strengthening through the year.

- Date: 2019-05-31 · published 2019-05-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/59220-dairy-situation-and-outlook-milk-market-looks-to-continue-improvement-edairy
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tighter milk supply and firming dairy product prices point to higher Class III and Class IV milk prices, which support dairy herd economics and the value of dairy-related feed demand.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-04-09 | [Class III Milk On Trajectory For Improvement - EDairy News English](https://feedsoft.ai/events/59730-class-iii-milk-on-trajectory-for-improvement-edairy-news-english.md) | +0.2% | +3.7% |
| MILK | 2022-03-25 | [Milk Production Continues To Fall While Prices Climb - EDairy News English](https://feedsoft.ai/events/42281-milk-production-continues-to-fall-while-prices-climb-edairy-news-english.md) | +5.6% | +8.5% |
| 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 | 2019-06-19 | [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 | 2023-09-18 | [Mielke Market Weekly: Dairy Product Production Slips From June Levels - EDairy News English](https://feedsoft.ai/events/34108-mielke-market-weekly-dairy-product-production-slips-from-june-levels-edairy.md) | +0.1% | -8.5% |

## Sources

- en.edairynews.com: https://en.edairynews.com/dairy-situation-and-outlook-milk-market-looks-to-continue-improvement/

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