# WASDE: Dairy Profitability Slated to Increase – Histórico eDairyNews

> The February WASDE raised the 2017 milk production forecast and the all-milk price forecast to $17.70 to $18.40 per cwt. Beginning dairy stocks were raised on December 31 data, while cheese and butter price forecasts were lowered.

- Date: 2017-02-10 · published 2017-02-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/72488-wasde-dairy-profitability-slated-to-increase-historico-edairynews
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher milk output and larger stocks weigh on dairy product prices, although the higher all-milk price forecast signals better producer returns that could support more cow numbers.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-05-27 | [USDA Expects Higher Milk Output, Higher Cheese, Milk Prices In 2018 – Histórico eDairyNews](https://feedsoft.ai/events/71018-usda-expects-higher-milk-output-higher-cheese-milk-prices-in-2018-historico.md) | +5.3% | +4.7% |
| MILK | 2021-04-14 | [Increased production in EU dairy outlook \| AHDB](https://feedsoft.ai/events/47613-increased-production-in-eu-dairy-outlook-ahdb.md) | +0.5% | +7.3% |
| MILK | 2021-11-18 | [EU dairies increased production in 2020 - Products Eurostat News](https://feedsoft.ai/events/44067-eu-dairies-increased-production-in-2020-products-eurostat-news.md) | -0.2% | +2.8% |
| MILK | 2019-10-10 | [Dairy production increases reflected in 2020 all milk price - Brownfield Ag News](https://feedsoft.ai/events/56718-dairy-production-increases-reflected-in-2020-all-milk-price-brownfield-ag-news.md) | -0.5% | +8.1% |
| MILK | 2024-12-21 | [Class III prices expected to rebound in next year - Dairy Star](https://feedsoft.ai/events/27110-class-iii-prices-expected-to-rebound-in-next-year-dairy-star.md) | +0.2% | +8.6% |

## Sources

- history.edairynews.com: https://history.edairynews.com/paises/wasde-dairy-profitability-slated-to-increase/

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