# U.S. milk production may have been overestimated | Dairy | leadertelegram.com

> Dave Kurzawski of FCStone suggests USDA may have overestimated U.S. milk production earlier in 2017, after USDA made its fifth cut to its milk production estimate. Global Dairy Trade prices slipped again on August 15 as product volumes offered at auction rose.

- Date: 2017-08-21 · published 2017-08-21T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/69448-u-s-milk-production-may-have-been-overestimated-dairy-leadertelegram-com
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

If milk output was overstated, actual supplies are tighter than reported, which supports dairy prices, while weaker GDT results point to some export-side pressure.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-09-23 | [U.S. milk production remains just above last year \| Market Columns \| leadertelegram.com](https://feedsoft.ai/events/57058-u-s-milk-production-remains-just-above-last-year-market-columns-leadertelegram.md) | +0.1% | +2.0% |
| MILK | 2020-01-13 | [November Dairy Products report reveals destination of milk output \| Market Columns \| leadertelegram.com](https://feedsoft.ai/events/55249-november-dairy-products-report-reveals-destination-of-milk-output-market.md) | -0.1% | +0.1% |
| MILK | 2019-07-05 | [Milk price down slightly from May but still highest since November 2017 \| Dairy \| leadertelegram.com](https://feedsoft.ai/events/4202-milk-price-down-slightly-from-may-but-still-highest-since-november-2017-dairy.md) | +0.2% | -0.5% |
| MILK | 2021-09-11 | [USDA outlook reduces milk production estimates, forecasts better margins - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/45074-usda-outlook-reduces-milk-production-estimates-forecasts-better-margins.md) | +0.1% | +8.7% |
| MILK | 2022-04-12 | [Lee Mielke: Milk production estimate raised \| Capital Press](https://feedsoft.ai/events/41843-lee-mielke-milk-production-estimate-raised-capital-press.md) | +0.2% | +1.9% |

## Sources

- leadertelegram.com: https://www.leadertelegram.com/country-today/farm/dairy/u-s-milk-production-may-have-been-overestimated/article_a29c7a75-117c-5b29-970f-104189db7c4a.html

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