# Higher milk prices expected in 2019

> USDA projects milk prices could reach the high $16s or low $17s by the fourth quarter of 2019, after the 2018 average fell to $14.60. US dairy exports to China fell 47 percent in October amid retaliatory tariffs, though shipments to Southeast Asia and Mexico rose.

- Date: 2018-12-31 · published 2018-12-31T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/7672-higher-milk-prices-expected-in-2019
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Retaliatory tariffs cutting US dairy exports to China weigh on demand and prices, while the USDA's higher price outlook points to gradual recovery for dairy markets.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-01-02 | [Higher Milk Prices Are Here — Now What? - EDairy News English](https://feedsoft.ai/events/4662-higher-milk-prices-are-here-now-what-edairy-news-english.md) | -12.0% | -11.7% |
| MILK | 2019-11-05 | [Chinese dairy consumption is driving world milk prices higher](https://feedsoft.ai/events/10246-chinese-dairy-consumption-is-driving-world-milk-prices-higher.md) | -0.1% | -4.2% |
| MILK | 2018-05-29 | [Exports Provide Milk Prices A Glimmer Of Hope – Histórico eDairyNews](https://feedsoft.ai/events/9761-exports-provide-milk-prices-a-glimmer-of-hope-historico-edairynews.md) | +1.4% | +0.3% |
| MILK | 2020-08-05 | [Restrained Milk Production Bodes Well For Prices, Exports - EDairy News English](https://feedsoft.ai/events/8834-restrained-milk-production-bodes-well-for-prices-exports-edairy-news-english.md) | -21.0% | -19.2% |
| MILK | 2016-08-02 | [Milk prices lift as dairy commodity markets rally](https://feedsoft.ai/events/6034-milk-prices-lift-as-dairy-commodity-markets-rally.md) | +12.3% | +10.9% |

## Sources

- farmprogress.com: https://www.farmprogress.com/management/higher-milk-prices-expected-in-2019

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