# USDA forecasts better milk prices ahead - Brownfield Ag News

> USDA's August supply and demand report forecasts higher 2018 prices for cheese, nonfat dry milk and whey, and lower butter prices. The 2018 all-milk price forecast was raised by 20 cents to a range of $16.30 to $16.50 as the dairy herd contracts.

- Date: 2018-09-12 · published 2018-09-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/63028-usda-forecasts-better-milk-prices-ahead-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A USDA projection of firmer milk prices on a smaller herd supports dairy margins and milk-based feed ingredient values.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-03-08 | [USDA forecasts less milk and slightly improved prices - Brownfield Ag News](https://feedsoft.ai/events/60098-usda-forecasts-less-milk-and-slightly-improved-prices-brownfield-ag-news.md) | -0.9% | +4.8% |
| MILK | 2020-10-09 | [USDA projects increased milk production and prices - Brownfield Ag News](https://feedsoft.ai/events/50645-usda-projects-increased-milk-production-and-prices-brownfield-ag-news.md) | +3.3% | +14.3% |
| MILK | 2019-03-28 | [USDA sees long-term improvement in milk prices - Brownfield Ag News](https://feedsoft.ai/events/60100-usda-sees-long-term-improvement-in-milk-prices-brownfield-ag-news.md) | +4.8% | +6.0% |
| MILK | 2018-08-20 | [Profits ahead for dairy farmers? - Brownfield Ag News](https://feedsoft.ai/events/63538-profits-ahead-for-dairy-farmers-brownfield-ag-news.md) | +0.1% | +7.4% |
| MILK | 2026-05-12 | [USDA projects more milk production, dairy trade, and higher 2026 milk prices - Brownfield Ag News](https://feedsoft.ai/events/19254-usda-projects-more-milk-production-dairy-trade-and-higher-2026-milk-prices.md) | -0.4% | -5.5% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-forecasts-better-milk-prices-ahead/

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