# Washington Dairygrams - October 25, 2018

> Class III futures averaged $15.80 for the final two months of 2018 during mid-October trading. USDA economists estimated a 2019 All-Milk price of $17.30 per cwt, with Class III averaging $15.75, and dairy farmers culled 97,900 more cows than a year earlier.

- Date: 2018-10-25 · published 2018-10-25T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/62686-washington-dairygrams-october-25-2018
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher cow culling reduces the dairy herd over time, which can eventually tighten milk supply, though ample heifer supplies limit that effect near term.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-06-15 | [Washington Dairygrams - June 2017](https://feedsoft.ai/events/70635-washington-dairygrams-june-2017.md) | +0.1% | -4.4% |
| MILK | 2019-02-10 | [Washington Dairygrams - February 10, 2019](https://feedsoft.ai/events/60759-washington-dairygrams-february-10-2019.md) | -0.1% | +6.8% |
| MILK | 2017-11-01 | [October Class III Milk Up 33 Cents \| Dairy Radio Now](https://feedsoft.ai/events/67981-october-class-iii-milk-up-33-cents-dairy-radio-now.md) | -1.5% | -8.1% |
| MILK | 2020-09-28 | [October bringing negative PPDs; cow slaughter falls - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/51261-october-bringing-negative-ppds-cow-slaughter-falls-progressive-dairy-ag-proud.md) | +23.4% | +32.3% |
| MILK | 2024-04-23 | [Dairy Outlook: April 2024 - Dairy Producer](https://feedsoft.ai/events/30735-dairy-outlook-april-2024-dairy-producer.md) | -0.4% | +20.1% |

## Sources

- hoards.com: https://hoards.com/article-24236-washington-dairygrams---october-25-2018.html

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