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ERS
has the lead role in USDA's short-run and long-run dairy market outlook
activities. Monthly and quarterly dairy industry data
and dairy market outlook are provided in the Livestock,
Dairy and Poultry Situation and Outlook report, a
monthly ERS report. Estimates of milk supply, use, and
prices are also reported
in the monthly World Agricultural Supply and Demand Estimates (WASDE)
report of the World Agricultural Outlook Board (WAOB).
The WASDE estimates are developed by a committee of dairy analysts
from ERS, the Agricultural Marketing Service (AMS),
Farm Service Agency (FSA),
and Foreign Agricultural Service (FAS).
The Agricultural Baseline Projections
reports provide long-run dairy industry projections.
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