# USDA sees long-term improvement in milk prices - Brownfield Ag News

> USDA's Long-term Projections Report sees the all-milk price rising by $3.25 from 2018 levels to $19.65 per cwt by 2028. Milk supply is projected to grow about 15 percent over the decade, driven by per-cow yield gains. Rising incomes in developing countries are expected to lift dairy consumption.

- Date: 2019-03-28 · published 2019-03-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/60100-usda-sees-long-term-improvement-in-milk-prices-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The long-run outlook points to firmer milk prices and a larger supply base over the decade, relevant to dairy feed demand planning. Near-term price impact is limited because this is a projection rather than a new shock.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-03-08 | [USDA forecasts less milk and slightly improved prices - Brownfield Ag News](https://feedsoft.ai/events/60098-usda-forecasts-less-milk-and-slightly-improved-prices-brownfield-ag-news.md) | -0.9% | +4.8% |
| 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 | 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 | 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 | 2019-06-11 | [USDA lowers milk production expectations, 2019 all milk price - Brownfield Ag News](https://feedsoft.ai/events/58605-usda-lowers-milk-production-expectations-2019-all-milk-price-brownfield-ag-news.md) | -0.1% | +6.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-sees-long-term-improvement-in-milk-prices/

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