# USDA lowers milk production, price expectations - Brownfield Ag News

> USDA cut its 2017 US milk production forecast by 100 million pounds to 215.7 billion pounds because of slower fourth-quarter per-cow growth. It also lowered all-milk, Class III and Class IV price estimates, while raising skim-basis exports by 200 million pounds.

- Date: 2017-12-12 · published 2017-12-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/67493-usda-lowers-milk-production-price-expectations-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A smaller milk supply and lower price forecasts point to softer US dairy returns, and higher skim exports support powder demand. Feed buyers should expect little change in dairy-related feed demand.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-02-08 | [USDA cuts milk production, price estimates - Brownfield Ag News](https://feedsoft.ai/events/66485-usda-cuts-milk-production-price-estimates-brownfield-ag-news.md) | -0.9% | +4.3% |
| MILK | 2020-09-11 | [USDA remains firm on increasing milk production, lower price projections - Brownfield Ag News](https://feedsoft.ai/events/51128-usda-remains-firm-on-increasing-milk-production-lower-price-projections.md) | -1.6% | +24.9% |
| MILK | 2023-02-08 | [USDA calls for limited milk production and lower prices - Brownfield Ag News](https://feedsoft.ai/events/37359-usda-calls-for-limited-milk-production-and-lower-prices-brownfield-ag-news.md) | +0.9% | -0.5% |
| MILK | 2020-08-12 | [Increasing milk production expected to keep dairy prices low - Brownfield Ag News](https://feedsoft.ai/events/51624-increasing-milk-production-expected-to-keep-dairy-prices-low-brownfield-ag-news.md) | +2.3% | -14.3% |
| MILK | 2020-02-11 | [USDA calls for steady milk production, weakening prices - Brownfield Ag News](https://feedsoft.ai/events/54591-usda-calls-for-steady-milk-production-weakening-prices-brownfield-ag-news.md) | -0.4% | -4.2% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-lowers-milk-production-price-expectations/

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