# Milk production forecast raised in the World Agricultural Supply and Demand Estimates report - Cowsmo

> USDA raised its 2018 US milk production forecast to 219 billion pounds, up 300 million from last month, on faster per-cow growth. The Class III price forecast rose to $14.30-$14.90 while the Class IV forecast fell, as lower NDM prices offset higher butter.

- Date: 2018-03-19 · published 2018-03-19T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/66147-milk-production-forecast-raised-in-the-world-agricultural-supply-and-demand
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher projected milk output implies more dairy supply and lower dairy product prices, which tends to reduce demand for dairy-related feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-03-09 | [World Agricultural Supply and Demand Estimates Predict Milk Production Up for 2018 • Northwest Iowa Dairy Outlook • Iowa State University Extension and Outreach](https://feedsoft.ai/events/65991-world-agricultural-supply-and-demand-estimates-predict-milk-production-up-for.md) | +1.0% | +1.8% |
| MILK | 2026-06-25 | [Mielke Market Weekly: Milk production estimates raised in latest WASDE report \| News \| thelandonline.com](https://feedsoft.ai/events/18811-mielke-market-weekly-milk-production-estimates-raised-in-latest-wasde-report.md) | -3.4% | -1.6% |
| MILK | 2023-07-13 | [USDA Lowers 2023 All-Milk Price Forecast, Milk Production Estimates Remain the Same - Dairy Herd](https://feedsoft.ai/events/35061-usda-lowers-2023-all-milk-price-forecast-milk-production-estimates-remain-the.md) | -0.2% | +25.1% |
| MILK | 2024-05-13 | [Increased cow numbers, milk per cow raise 2024-25 milk production estimates \| Ag Proud](https://feedsoft.ai/events/30250-increased-cow-numbers-milk-per-cow-raise-2024-25-milk-production-estimates-ag.md) | +0.5% | +5.7% |
| MILK | 2021-06-25 | [As Higher Milk Production Forecasts Settle In, Can Export Demand Help Save Prices? - Dairy Herd](https://feedsoft.ai/events/46748-as-higher-milk-production-forecasts-settle-in-can-export-demand-help-save.md) | -2.6% | -3.6% |

## Sources

- cowsmo.com: https://cowsmo.com/news/milk-production-forecast-raised-world-agricultural-supply-demand-estimates-report/

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