# USDA forecasts less milk and slightly improved prices - Brownfield Ag News

> USDA lowered its 2019 milk production forecast on lower cow numbers and raised its forecasts for cheese, butter and nonfat dry milk prices, while whey prices were trimmed slightly. The all-milk price forecast is $17 to $17.60, roughly steady with the previous report. Butterfat and skim-solids export forecasts were reduced.

- Date: 2019-03-08 · published 2019-03-08T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/60098-usda-forecasts-less-milk-and-slightly-improved-prices-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Reduced milk output and higher product prices are supportive for milk prices and could improve farm-gate returns. Lower export forecasts partly offset this by leaving more product in the domestic market.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-04-09 | [Another outlook projecting less milk and slightly improved prices - Brownfield Ag News](https://feedsoft.ai/events/59604-another-outlook-projecting-less-milk-and-slightly-improved-prices-brownfield-ag.md) | +0.2% | +3.7% |
| MILK | 2018-09-12 | [USDA forecasts better milk prices ahead - Brownfield Ag News](https://feedsoft.ai/events/63028-usda-forecasts-better-milk-prices-ahead-brownfield-ag-news.md) | +0.1% | -1.9% |
| MILK | 2019-03-28 | [USDA sees long-term improvement in milk prices - Brownfield Ag News](https://feedsoft.ai/events/60100-usda-sees-long-term-improvement-in-milk-prices-brownfield-ag-news.md) | +4.8% | +6.0% |
| MILK | 2020-10-09 | [USDA projects increased milk production and prices - Brownfield Ag News](https://feedsoft.ai/events/50645-usda-projects-increased-milk-production-and-prices-brownfield-ag-news.md) | +3.3% | +14.3% |
| MILK | 2026-05-12 | [USDA projects more milk production, dairy trade, and higher 2026 milk prices - Brownfield Ag News](https://feedsoft.ai/events/19254-usda-projects-more-milk-production-dairy-trade-and-higher-2026-milk-prices.md) | -0.4% | -5.5% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-forecast-less-milk-and-slightly-improved-prices/

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