# Weekly Digest: Cropp-Stephenson outlook more optimistic - Progressive Dairy | Ag Proud

> University of Wisconsin economists Bob Cropp and Mark Stephenson say USDA's delayed December milk production report shows slower growth and lower cow numbers. They expect export growth and slowing international milk output to lift prices in the second half of 2019, and they are more optimistic than CME futures.

- Date: 2019-02-25 · published 2019-02-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60756-weekly-digest-cropp-stephenson-outlook-more-optimistic-progressive-dairy-ag
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slower US and global milk output combined with firmer exports would tighten supply, supporting milk prices later in the year. Their view is more bullish than current futures pricing.

## Read by commodity

- MILK: neutral

## Sources

- agproud.com: https://www.agproud.com/articles/37996-weekly-digest-cropp-stephenson-outlook-more-optimistic

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