# Restrained Milk Production Bodes Well For Prices, Exports - EDairy News English

> University of Wisconsin economists said US butter and cheese stocks have declined, with powder stocks expected to draw down as well. Strong June and July exports and record May powder exports were noted, while cheese exports rose 8% year over year.

- Date: 2020-08-05 · published 2020-08-05T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/8834-restrained-milk-production-bodes-well-for-prices-exports-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stock drawdowns and firm export demand support dairy prices, which can improve milk returns and support dairy-related feed use.

## 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 | 2021-03-26 | [Odd Conditions Reign Over Export, Dairy, Grain Markets - EDairy News English](https://feedsoft.ai/events/48123-odd-conditions-reign-over-export-dairy-grain-markets-edairy-news-english.md) | +8.1% | +9.0% |
| 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 | 2017-02-28 | [Exports make dairy price forecast good - Brownfield Ag News](https://feedsoft.ai/events/5040-exports-make-dairy-price-forecast-good-brownfield-ag-news.md) | -5.8% | -6.2% |
| MILK | 2019-12-30 | [Weekly Digest: CWT dairy exports near 1 billion pounds milk - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/5749-weekly-digest-cwt-dairy-exports-near-1-billion-pounds-milk-progressive-dairy-ag.md) | -12.1% | -11.7% |

## Sources

- en.edairynews.com: https://en.edairynews.com/restrained-milk-production-bodes-well-for-prices-exports/

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