Conaway Optimistic and WASDE Milk Forecast - AG INFORMATION NETWORK OF THE WEST

After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% over 20.

• May 21, 2020Russia News Boosts Wheat Markets - AG INFORMATION NETWORK OF THE WEST-0.8%
• May 13, 2020May WASDE Forecast More Milk • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach+4.6%
• Jan 15, 2025December WASDE report forecasts lower milk production | Ag Proud+0.0%
• Dec 22, 2021The 2021 Class III milk price forecast was raised-0.3%
• Apr 10, 2019WASDE Lowers Milk Production Forecast • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach+0.0%

After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.

• Feb 14, 2024Replacement Heifer and Cattle on Feed Trends Affecting Markets - AG INFORMATION NETWORK OF THE WEST-0.0%
• Oct 26, 2021New Cattle Feedlot Report Points to Shrinking Beef Cattle Herd - AG INFORMATION NETWORK OF THE WEST+2.3%
• Mar 10, 2019WASDE Lowers Milk Production Forecast; Raises All Milk Price Forecast • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach-0.2%
• May 25, 2022Cattle Supply and Demand Issues for the 2022 Marketing Year - Northern Ag Network-1.3%
• Mar 10, 2026USDA boosts 2026 milk production forecast as prices strengthen | Ag Proud-0.4%