# U.S. Milk Output in the Black but What About Demand | The Bullvine

> U.S. milk output is growing at a historically normal rate after returning to growth, constrained by high feed costs and supply management limits. Global milk output has declined for a year, while European output is recovering and Asian import demand has fallen sharply, with China's September whole milk powder and SMP imports down year on year.

- Date: 2022-11-03 · published 2022-11-03T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/8815-u-s-milk-output-in-the-black-but-what-about-demand-the-bullvine
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising supply in Europe and the U.S. combined with weaker Chinese import demand points to downward pressure on dairy product prices. Feed costs remain a key constraint on how fast milk supply can expand.

## Read by commodity

- MILK: bearish ▼

## Sources

- thebullvine.com: https://www.thebullvine.com/news/u-s-milk-output-in-the-black-but-what-about-demand/

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