# Economists Predict Higher Milk Prices in 2020 - ProAg

> University of Wisconsin economists Bob Cropp and Mark Stephenson expect milk prices in 2020 to be $1 to $1.20 per cwt higher than in 2019. They also note poor forage quality and quantity across Wisconsin and the Northeast, while USDA reported October milk output up 1.3 percent.

- Date: 2019-12-04 · published 2019-12-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6374-economists-predict-higher-milk-prices-in-2020-proag
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expected higher milk prices improve dairy farm margins, but poor forage quality could raise dairy feed demand for corn silage and other feeds.

## Read by commodity

- MILK: bullish ▲

## Sources

- proag.com: https://www.proag.com/news/economists-predict-higher-milk-prices-in-2020/

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