# USDA Dairy Market News Weekly Report – July 3, 2026 | CME Prices, Production & Inventory - News and Statistics - IndexBox

> The USDA weekly dairy report for June 29 to July 3 showed butter, cheese and nonfat dry milk prices with mixed weekly averages. May production data showed cheese up 2.0% year over year, butter up 3.5%, and NDM for human food up 10.3%.

- Date: 2026-07-06 · published 2026-07-06T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/18342-usda-dairy-market-news-weekly-report-july-3-2026-cme-prices-production-and
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising production across cheese, butter and powder points to ample dairy supply, a mildly bearish signal for milk prices and dairy-linked feed demand.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-01-16 | [USDA Hikes 2026 Milk Production Forecast; Dairy Product Price Forecasts Mixed - Cheese Reporter](https://feedsoft.ai/events/21068-usda-hikes-2026-milk-production-forecast-dairy-product-price-forecasts-mixed.md) | -0.3% | +2.2% |
| MILK | 2026-06-25 | [Mielke Market Weekly: Milk production estimates raised in latest WASDE report \| News \| thelandonline.com](https://feedsoft.ai/events/18811-mielke-market-weekly-milk-production-estimates-raised-in-latest-wasde-report.md) | -3.4% | -1.6% |
| MILK | 2026-01-24 | [USDA increases 2026 milk production forecast - Dairy Star](https://feedsoft.ai/events/21063-usda-increases-2026-milk-production-forecast-dairy-star.md) | -0.5% | +2.2% |
| MILK | 2025-11-14 | [USDA Hikes 2025, 2026 Milk Production Forecasts, Lowers Most Dairy Product Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/21954-usda-hikes-2025-2026-milk-production-forecasts-lowers-most-dairy-product-price.md) | +0.1% | -7.6% |
| MILK | 2025-12-10 | [USDA Lowers 2026 Milk Production, Cheese And Butter Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/21493-usda-lowers-2026-milk-production-cheese-and-butter-price-forecasts-cheese.md) | -0.8% | -6.8% |

## Sources

- indexbox.io: https://www.indexbox.io/blog/usda-dairy-market-report-june-29-july-3-2026-highlights/

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