# November 2019 Dairy Market Report

> The National Milk Producers Federation reports that US milk and dairy prices have reached their highest levels in nearly five years. Key drivers include a shrinking US dairy herd, higher per-cow output, stronger domestic demand, and the liquidation of EU skim milk powder stocks.

- Date: 2019-12-06 · published 2019-12-06T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/6373-november-2019-dairy-market-report
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tighter US milk supply and firm prices support dairy values, while weaker dry whey and China-related export losses limit the upside.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2016-12-27 | [December Dairy Market Report](https://feedsoft.ai/events/73485-december-dairy-market-report.md) | +0.1% | -3.7% |
| MILK | 2022-08-08 | [Dairy Market Report July 2022](https://feedsoft.ai/events/40040-dairy-market-report-july-2022.md) | +0.6% | -1.3% |
| MILK | 2022-02-07 | [Dairy Market Report January 2022 - EDairy News English](https://feedsoft.ai/events/42725-dairy-market-report-january-2022-edairy-news-english.md) | +0.5% | +9.2% |
| MILK | 2024-07-22 | [Market Outlook- Report Summary July 2024 - Dairy Producer](https://feedsoft.ai/events/29258-market-outlook-report-summary-july-2024-dairy-producer.md) | -0.1% | +3.6% |
| MILK | 2020-06-01 | [DMI/NMPF Dairy Market Report (COVID-19 Impact) - California Dairy Magazine](https://feedsoft.ai/events/52611-dmi-nmpf-dairy-market-report-covid-19-impact-california-dairy-magazine.md) | +63.2% | +71.8% |

## Sources

- agnetwest.com: https://agnetwest.com/november-2019-dairy-market-report/

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