# Washington Dairygrams - March 25, 2018

> The all-milk price forecast for 2018 held at $16.05 and USDA's range is $15.75 to $16.35. Milk-feed margins continued to tighten, with a 2.19 ratio for January versus 2.71 a year earlier, and Dean Foods lost farms in the Southeast and Northeast.

- Date: 2018-03-25 · published 2018-03-25T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/66146-washington-dairygrams-march-25-2018
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tighter milk-feed margins and ample milk supply could slow dairy herd expansion and reduce feed demand per cow, a mildly bearish signal for feed ingredients.

## Read by commodity

- SBM: neutral
- CORN: neutral
- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-09-28 | [Will the Dairy Economy Rebound by 2025?](https://feedsoft.ai/events/34115-will-the-dairy-economy-rebound-by-2025.md) | -8.8% | -8.1% |
| MILK | 2021-02-25 | [Dairy is testing historical market limits](https://feedsoft.ai/events/48806-dairy-is-testing-historical-market-limits.md) | +5.2% | +4.1% |
| MILK | 2020-10-26 | [Stephenson: Pandemic will weigh on dairy markets into 2021 - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/50651-stephenson-pandemic-will-weigh-on-dairy-markets-into-2021-progressive-dairy-ag.md) | -0.2% | +7.0% |
| MILK | 2018-05-10 | [Dairy markets could finally rebalance](https://feedsoft.ai/events/65157-dairy-markets-could-finally-rebalance.md) | -0.1% | +1.0% |
| MILK | 2019-08-22 | [Dairy Market Report 23rd August - Irish Farmers' Association](https://feedsoft.ai/events/57577-dairy-market-report-23rd-august-irish-farmers-association.md) | -0.1% | +3.6% |
| CORN | 2018-06-04 | [Market Outlook Considerations for Week Beginning June 4, 2018](https://feedsoft.ai/events/6747-market-outlook-considerations-for-week-beginning-june-4-2018.md) | -2.0% | -7.4% |
| CORN | 2019-02-25 | [Global Nitrogen Market: 6 Factors to Watch in 2019 - CropLife](https://feedsoft.ai/events/60901-global-nitrogen-market-6-factors-to-watch-in-2019-croplife.md) | -1.0% | +2.4% |
| CORN | 2020-11-04 | [Global Dairy Commodity Update November 2020 - EDairy News English](https://feedsoft.ai/events/50160-global-dairy-commodity-update-november-2020-edairy-news-english.md) | +1.8% | +8.9% |

## Sources

- hoards.com: https://hoards.com/article-22808-washington-dairygrams---march-25-2018.html

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