# Dairy outlook mixed; recovery may hinge on trade deal with China -  | Ag Proud

> AgResource economist Dan Basse said dairy prices should improve into mid-2019, with more upside if the US and China reach a trade deal. He expects further US dairy cow liquidation to about 9.3 million head and a 15-20% gain in milk powder markets in 2019.

- Date: 2018-11-27 · published 2018-11-27T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/62052-dairy-outlook-mixed-recovery-may-hinge-on-trade-deal-with-china-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling cow numbers reduce milk output and dairy byproduct availability, while a possible China trade deal could lift dairy demand and feed-related purchasing.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2016-08-04 | [Dairy auction bounce may signal start of recovery](https://feedsoft.ai/events/6035-dairy-auction-bounce-may-signal-start-of-recovery.md) | +11.4% | +11.0% |
| MILK | 2017-06-02 | [U.S. Trade Rep Meets with Japan and Dairy Spikes due to Foreign Markets - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/4349-u-s-trade-rep-meets-with-japan-and-dairy-spikes-due-to-foreign-markets-ag.md) | -2.3% | -5.8% |
| MILK | 2019-11-05 | [Chinese dairy consumption is driving world milk prices higher](https://feedsoft.ai/events/10246-chinese-dairy-consumption-is-driving-world-milk-prices-higher.md) | -0.1% | -4.2% |
| MILK | 2016-08-04 | [NZ dairy market seeing results of tightening overseas production](https://feedsoft.ai/events/6037-nz-dairy-market-seeing-results-of-tightening-overseas-production.md) | +11.4% | +11.0% |
| MILK | 2025-11-26 | [State of the Dairy Industry: Cheese, butter “rockin’ out” with record exports \| Dairy Foods](https://feedsoft.ai/events/21957-state-of-the-dairy-industry-cheese-butter-rockin-out-with-record-exports-dairy.md) | -8.1% | -8.3% |

## Sources

- agproud.com: https://www.agproud.com/articles/21362-dairy-outlook-mixed-recovery-may-hinge-on-trade-deal-with-china

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