# Bearish milk supply nudges more cows into ‘retirement’ | Dairy | leadertelegram.com

> USDA preliminary data show August US milk output in the 23 top states at 17 billion pounds, up 2.1 percent from a year earlier, with the 50-state total at 18.1 billion pounds, up 2 percent. Milk cow numbers were 9.41 million head nationally, 71,000 above a year ago, and output per cow rose across most major states.

- Date: 2017-09-25 · published 2017-09-25T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/69081-bearish-milk-supply-nudges-more-cows-into-retirement-dairy-leadertelegram-com
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Ample milk supply and rising cow numbers point to a bearish outlook for dairy prices and suggest abundant milk-based feed ingredients, such as dairy by-products, in the near term.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-04-17 | [Cheesemakers cancel downtime as surplus milk flows in \| Dairy \| leadertelegram.com](https://feedsoft.ai/events/71638-cheesemakers-cancel-downtime-as-surplus-milk-flows-in-dairy-leadertelegram-com.md) | -0.2% | +2.3% |
| MILK | 2018-04-30 | [Milk output continuing to climb but appears to be slowing \| Dairy \| leadertelegram.com](https://feedsoft.ai/events/65655-milk-output-continuing-to-climb-but-appears-to-be-slowing-dairy-leadertelegram.md) | +4.1% | +4.5% |
| MILK | 2017-06-26 | [Cheese inventory hits record; fluid milk consumption takes another hit \| Dairy \| leadertelegram.com](https://feedsoft.ai/events/10590-cheese-inventory-hits-record-fluid-milk-consumption-takes-another-hit-dairy.md) | -3.9% | -5.2% |
| MILK | 2017-09-18 | [Milk production estimates raised on milk-per-cow growth \| Dairy \| leadertelegram.com](https://feedsoft.ai/events/68975-milk-production-estimates-raised-on-milk-per-cow-growth-dairy-leadertelegram-com.md) | +0.9% | +3.0% |
| MILK | 2019-04-01 | [Worst of prolonged dairy downturn may be past \| Market Columns \| leadertelegram.com](https://feedsoft.ai/events/8732-worst-of-prolonged-dairy-downturn-may-be-past-market-columns-leadertelegram-com.md) | +5.2% | +6.0% |

## Sources

- leadertelegram.com: https://www.leadertelegram.com/country-today/farm/dairy/bearish-milk-supply-nudges-more-cows-into-retirement/article_d4426798-34f0-5ddd-bcaf-1f9fffd7b8fb.html

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