# 2018 Dairy Outlook: Feed volumes hinge on trade, consumers | Feed Strategy

> Global cow milk production grew about 1.5 percent in 2017 and is forecast to keep rising, with the global milk surplus cited as a key challenge. Analysts expect demand growth from developing countries, especially India, and rising incomes in Asia and the Middle East. The outlook also flags trade-war risk as a source of near-term volatility.

- Date: 2018-09-04 · published 2018-09-04T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/8378-2018-dairy-outlook-feed-volumes-hinge-on-trade-consumers-feed-strategy
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Oversupply weighs on milk prices, while rising demand in Asia could support export volumes. Dairy herd feed demand will depend on how trade conditions evolve.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-02-08 | [Washington Dairygrams - February 10, 2018](https://feedsoft.ai/events/66643-washington-dairygrams-february-10-2018.md) | -0.9% | +4.3% |
| MILK | 2018-09-06 | [Global dairy prices take a hit \| 2018-09-06  \| Dairy Foods](https://feedsoft.ai/events/63186-global-dairy-prices-take-a-hit-2018-09-06-dairy-foods.md) | -2.5% | -4.5% |
| MILK | 2025-03-04 | [Dairy Markets on Edge: Tariffs and Trade Uncertainty Shake Prices - Dairy Herd](https://feedsoft.ai/events/25587-dairy-markets-on-edge-tariffs-and-trade-uncertainty-shake-prices-dairy-herd.md) | -8.9% | -7.7% |
| MILK | 2020-01-04 | [US dairy farmers battle extinction Trump trade wars lower milk prices](https://feedsoft.ai/events/4661-us-dairy-farmers-battle-extinction-trump-trade-wars-lower-milk-prices.md) | +0.6% | +0.6% |
| MILK | 2018-07-02 | [Trade dispute causes dairy prices to tumble](https://feedsoft.ai/events/4969-trade-dispute-causes-dairy-prices-to-tumble.md) | -7.3% | -7.5% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/business-markets/feed-production-by-region/article/15439965/2018-dairy-outlook-feed-volumes-hinge-on-trade-consumers

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