# 3 factors will determine fate of milk prices for remainder of 2018

> Analysts say three factors will determine whether US milk prices recover through the rest of 2018. They cite slow northern hemisphere production growth, with July output up just 0.4% year on year, a shrinking dairy herd, and below-trend output per cow. Trade disputes had earlier clouded the recovery outlook.

- Date: 2018-08-27 · published 2018-08-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/63537-3-factors-will-determine-fate-of-milk-prices-for-remainder-of-2018
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A shrinking herd and slow output growth point to firmer milk prices into 2019, supporting dairy margins and demand for feed.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-05-01 | [Milk prices on upswing](https://feedsoft.ai/events/59221-milk-prices-on-upswing.md) | +3.1% | +2.6% |
| MILK | 2017-02-11 | [Cheesier pizzas rescue dairy prices as Americans drink less milk - The Gazette](https://feedsoft.ai/events/72656-cheesier-pizzas-rescue-dairy-prices-as-americans-drink-less-milk-the-gazette.md) | +0.1% | -7.0% |
| MILK | 2022-03-01 | [High input costs temper strong milk prices \| Capital Press](https://feedsoft.ai/events/42419-high-input-costs-temper-strong-milk-prices-capital-press.md) | +8.1% | +7.1% |
| MILK | 2026-07-21 | [Protein inflation surges as costlier fodder pushes up milk, chicken prices - The Economic Times](https://feedsoft.ai/events/18511-protein-inflation-surges-as-costlier-fodder-pushes-up-milk-chicken-prices-the.md) | +0.1% | +5.4% |
| MILK | 2019-04-18 | [Global prices could net $18.60 over the next decade](https://feedsoft.ai/events/59606-global-prices-could-net-18-60-over-the-next-decade.md) | +0.4% | +2.3% |

## Sources

- wisfarmer.com: https://www.wisfarmer.com/story/money/wis-farmer/2018/08/27/3-factors-determine-fate-milk-prices-remainder-2018/1113926002/

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