# Milk production growth continues -  | Ag Proud

> USDA's Milk Production report showed October 2017 US milk output up 1.4% year over year to 17.81 billion pounds. National cow numbers were 9.4 million, up 65,000 head, and milk per cow rose 12 pounds to 1,894 pounds.

- Date: 2017-11-21 · published 2017-11-21T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/9917-milk-production-growth-continues-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expanding milk output and herd size add supply to the market, which supports the bearish outlook for dairy prices and co-product values.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2017-11-29 | 5 | -9.4% | -3.5 | October milk output up 1.4% with more cows and higher yields confirms supply growth that weighs on futures. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-02-24 | [Less acceleration: Milk production growth slowed in January \| Ag Proud](https://feedsoft.ai/events/48644-less-acceleration-milk-production-growth-slowed-in-january-ag-proud.md) | +0.1% | +3.8% |
| MILK | 2019-02-21 | [December milk production growth slows, milk prices lower - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/60591-december-milk-production-growth-slows-milk-prices-lower-progressive-dairy-ag.md) | +9.3% | +6.6% |
| MILK | 2017-06-21 | [Weaker milk per cow tempered growth in May -  \| Ag Proud](https://feedsoft.ai/events/70632-weaker-milk-per-cow-tempered-growth-in-may-ag-proud.md) | +0.1% | -4.7% |
| MILK | 2023-02-08 | [USDA reduces 2023 milk production, price projections  \| Ag Proud](https://feedsoft.ai/events/37464-usda-reduces-2023-milk-production-price-projections-ag-proud.md) | +0.9% | -0.5% |
| MILK | 2024-05-14 | [2024 All-Milk Price Sees Growth, More Cows and Production Predicted - Dairy Herd](https://feedsoft.ai/events/30251-2024-all-milk-price-sees-growth-more-cows-and-production-predicted-dairy-herd.md) | -0.0% | +5.7% |

## Sources

- agproud.com: https://www.agproud.com/articles/31476-milk-production-growth-continues

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