# Dairy Market Report December 2024 - EDairy News English

> The October 2024 Dairy Margin Coverage margin eased $0.40 to $15.17 per cwt., the second highest level since the program began. USDA reported the national milking herd grew by 10,000 cows year over year. Fluid milk sales rose 1.3%, and cheese stocks fell toward pre-pandemic levels.

- Date: 2024-12-31 · published 2024-12-31T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/6086-dairy-market-report-december-2024-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Herd expansion signals rising milk output that could pressure prices, though strong margins and steady demand offset some of that pressure.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-12-17 | [Market Outlook: December 2024 - Dairy Producer](https://feedsoft.ai/events/26965-market-outlook-december-2024-dairy-producer.md) | -0.5% | +8.2% |
| MILK | 2024-11-18 | [Market Outlook November 2024 - Dairy Producer](https://feedsoft.ai/events/27402-market-outlook-november-2024-dairy-producer.md) | -0.3% | -5.9% |
| MILK | 2020-10-22 | [September Milk Production Up 2.3% - EDairy News English](https://feedsoft.ai/events/50650-september-milk-production-up-2-3-edairy-news-english.md) | +0.8% | +7.8% |
| MILK | 2023-05-25 | [More Milk, Lower Prices: Dairy Industry’s 2024 Forecast - EDairy News English](https://feedsoft.ai/events/35966-more-milk-lower-prices-dairy-industry-s-2024-forecast-edairy-news-english.md) | -3.5% | -7.8% |
| MILK | 2017-04-05 | [March Dairy Market Report - Southeast AgNET](https://feedsoft.ai/events/71521-march-dairy-market-report-southeast-agnet.md) | -4.3% | -3.2% |

## Sources

- en.edairynews.com: https://en.edairynews.com/dairy-market-report-december-2024/

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