# Price forecasts higher Class III, lower Class IV - Dairy Star

> The Mielke market weekly reports the August WASDE, which kept 2026 milk production at 236.6 billion pounds and lowered 2027 by 100 million pounds. Price forecasts were raised for Class III to $16.25/cwt and lowered for Class IV to $18.15/cwt.

- Date: 2026-08-22 · published 2026-08-22T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/17916-price-forecasts-higher-class-iii-lower-class-iv-dairy-star
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower 2027 production and firmer Class III pricing are mildly supportive, but the cut to Class IV and the all-milk forecast limit the upside for milk prices.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-12-21 | [Class III prices expected to rebound in next year - Dairy Star](https://feedsoft.ai/events/27110-class-iii-prices-expected-to-rebound-in-next-year-dairy-star.md) | +0.2% | +8.6% |
| MILK | 2023-08-12 | [Cheese helps support Class III futures - Dairy Star](https://feedsoft.ai/events/34740-cheese-helps-support-class-iii-futures-dairy-star.md) | -0.3% | +6.2% |
| MILK | 2018-11-22 | [IFCN report: Higher costs, higher prices and more milk - Dairy Global](https://feedsoft.ai/events/62058-ifcn-report-higher-costs-higher-prices-and-more-milk-dairy-global.md) | -0.1% | -4.5% |
| MILK | 2026-08-14 | [Dairy Product, Milk Price Forecasts Mixed In Latest USDA Projections - Cheese Reporter](https://feedsoft.ai/events/17911-dairy-product-milk-price-forecasts-mixed-in-latest-usda-projections-cheese.md) | +0.2% | -2.7% |
| MILK | 2022-10-06 | [September FMMO class prices dip and Class III-Class IV gap widens \| Ag Proud](https://feedsoft.ai/events/5114-september-fmmo-class-prices-dip-and-class-iii-class-iv-gap-widens-ag-proud.md) | -1.2% | -6.5% |

## Sources

- dairystar.com: https://dairystar.com/stories/price-forecasts-higher-class-iii-lower-class-iv,31295

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