# Global prices could net $18.60 over the next decade

> IFCN's Long-term Dairy Outlook projects a 2030 global milk price of $18.60/cwt ECM in its most plausible scenario, assuming growing demand and political stability. The forecast implies 2.3% annual growth in milk supply and demand over 2019-2030.

- Date: 2019-04-18 · published 2019-04-18T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/59606-global-prices-could-net-18-60-over-the-next-decade
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A long-term price forecast well above current levels signals a supportive structural outlook for milk, but it does not directly move near-term feed prices.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-11-24 | [Global demand for butter, cheese rising](https://feedsoft.ai/events/44059-global-demand-for-butter-cheese-rising.md) | +2.2% | +2.7% |
| MILK | 2017-02-11 | [Cheesier pizzas rescue dairy prices as Americans drink less milk - The Gazette](https://feedsoft.ai/events/72656-cheesier-pizzas-rescue-dairy-prices-as-americans-drink-less-milk-the-gazette.md) | +0.1% | -7.0% |
| MILK | 2023-01-18 | [UK inflation edges down to 10.5% in December, food prices surge](https://feedsoft.ai/events/38018-uk-inflation-edges-down-to-10-5-in-december-food-prices-surge.md) | -0.3% | -8.0% |
| MILK | 2017-01-23 | [Economist expects dairy prices to improve - Brownfield Ag News](https://feedsoft.ai/events/73111-economist-expects-dairy-prices-to-improve-brownfield-ag-news.md) | -0.1% | +0.7% |
| MILK | 2022-03-01 | [High input costs temper strong milk prices \| Capital Press](https://feedsoft.ai/events/42419-high-input-costs-temper-strong-milk-prices-capital-press.md) | +8.1% | +7.1% |

## Sources

- hoards.com: https://hoards.com/article-25320-global-prices-could-net-$1860-over-the-next-decade.html

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