# The Farmer's Exchange Online USDA Ups Milk Production Estimates for 2026, 2027

> USDA's July WASDE raised 2026 and 2027 U.S. milk production and marketing projections by 200 million to 1.1 billion pounds. Price forecasts for NDM, cheese and butter were lowered. Class III futures for the coming months were quoted between $15.62 and $17.85/cwt.

- Date: 2026-07-17 · published 2026-07-17T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/18529-the-farmer-s-exchange-online-usda-ups-milk-production-estimates-for-2026-2027
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expanding milk supply and lower product price forecasts weigh on Class III and Class IV milk values, reducing the dairy sector's feed-buying capacity.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-10-21 | [The Farmer's Exchange Online USDA Raises Forecasts for Milk Production, Butter, Cheese Prices](https://feedsoft.ai/events/39142-the-farmer-s-exchange-online-usda-raises-forecasts-for-milk-production-butter.md) | 0.0% | -3.7% |
| MILK | 2024-12-11 | [USDA Provides Milk Production Estimates for the Next Ten Years - Dairy Herd](https://feedsoft.ai/events/26966-usda-provides-milk-production-estimates-for-the-next-ten-years-dairy-herd.md) | -0.5% | +8.4% |
| MILK | 2026-07-25 | [USDA raises milk production estimates - Dairy Star](https://feedsoft.ai/events/18527-usda-raises-milk-production-estimates-dairy-star.md) | -0.8% | +5.4% |
| MILK | 2023-07-13 | [USDA Lowers 2023 All-Milk Price Forecast, Milk Production Estimates Remain the Same - Dairy Herd](https://feedsoft.ai/events/35061-usda-lowers-2023-all-milk-price-forecast-milk-production-estimates-remain-the.md) | -0.2% | +25.1% |
| MILK | 2025-12-20 | [USDA estimates milk production upward trend to end - Dairy Star](https://feedsoft.ai/events/21494-usda-estimates-milk-production-upward-trend-to-end-dairy-star.md) | +0.6% | -6.5% |

## Sources

- farmers-exchange.net: http://www.farmers-exchange.net/detailPage.aspx?articleID=25397

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