# WASDE Lowers Milk Production Forecast • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach

> Iowa State's dairy outlook summarizes the April WASDE, which lowered the 2019 milk production forecast as higher cow numbers were offset by slower per-cow growth. Cheese price forecasts were raised, butter, NDM and whey were lowered, and the all-milk price was raised to $17.25-$17.75/cwt.

- Date: 2019-04-10 · published 2019-04-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/59603-wasde-lowers-milk-production-forecast-northwest-iowa-dairy-outlook-iowa-state
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower projected milk output and a higher all-milk price point to firmer milk prices, while lower whey and NDM values weigh on byproduct feed inputs.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| MILK | 2020-05-13 | [May WASDE Forecast More Milk • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach](https://feedsoft.ai/events/53290-may-wasde-forecast-more-milk-northwest-iowa-dairy-outlook-iowa-state-university.md) | +4.6% | +73.5% |
| 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 | 2019-08-12 | [WADSE Predicts Milk Production to Shrink • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach](https://feedsoft.ai/events/57578-wadse-predicts-milk-production-to-shrink-northwest-iowa-dairy-outlook-iowa.md) | +0.1% | +2.6% |
| 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% |

## Sources

- blogs.extension.iastate.edu: https://blogs.extension.iastate.edu/nwiadairyoutlook/2019/04/10/wasde-lowers-milk-production-forecast/

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