# USDA cuts 2018 and 2019 milk price projections, production forecasts -  | Ag Proud

> USDA's July WASDE cut its 2018 milk production estimate by 100 million pounds to 217.9 billion pounds and reduced 2018 average milk price projections by about 70 cents per cwt. The 2019 production forecast was also cut, and the agency projects Class III at $14.45 for 2018 and $15.20 for 2019.

- Date: 2018-07-13 · published 2018-07-13T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/64032-usda-cuts-2018-and-2019-milk-price-projections-production-forecasts-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower USDA milk price and production forecasts signal weaker dairy farm margins and slower herd growth, which can reduce dairy feed demand over time.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-02-08 | [USDA reduces 2023 milk production, price projections  \| Ag Proud](https://feedsoft.ai/events/37464-usda-reduces-2023-milk-production-price-projections-ag-proud.md) | +0.9% | -0.5% |
| MILK | 2025-09-15 | [USDA raises 2025 milk production forecast but lowers Class III and all-milk price projections \| Ag Proud](https://feedsoft.ai/events/23044-usda-raises-2025-milk-production-forecast-but-lowers-class-iii-and-all-milk.md) | +0.3% | -3.8% |
| MILK | 2017-04-12 | [Dairy Economic Update: 2017 milk production forecast and price cut -  \| Ag Proud](https://feedsoft.ai/events/71511-dairy-economic-update-2017-milk-production-forecast-and-price-cut-ag-proud.md) | +0.7% | +2.7% |
| MILK | 2021-08-12 | [USDA cuts 2021-22 milk production outlook but also reduces price projections  \| Ag Proud](https://feedsoft.ai/events/45567-usda-cuts-2021-22-milk-production-outlook-but-also-reduces-price-projections-ag.md) | +0.3% | +3.0% |
| MILK | 2022-05-14 | [USDA Ups 2022 Milk Production, Cheese & Butter Price Forecasts](https://feedsoft.ai/events/41410-usda-ups-2022-milk-production-cheese-and-butter-price-forecasts.md) | +0.5% | -2.7% |

## Sources

- agproud.com: https://www.agproud.com/articles/30808-usda-cuts-2018-and-2019-milk-price-projections-production-forecasts

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