# NMPF says dairy markets are on track for better year - Brownfield Ag News

> The chief economist of the National Milk Producers Federation said dairy farmers need a better year after weak prices in recent years. Futures markets have added about 50 cents to 2019 milk prices over the past month on firmer cheese and nonfat dry milk prices. Earlier in December, 2019 prices were projected $1.10 per hundredweight above 2018.

- Date: 2019-01-09 · published 2019-01-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61257-nmpf-says-dairy-markets-are-on-track-for-better-year-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising futures on cheese and nonfat dry milk point to stronger milk prices in 2019, which supports dairy feed demand. The gains are based on expectations rather than current supply changes.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/nmpf-says-dairy-markets-are-on-track-for-better-year/

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