# USDA raises milk production estimate - Dairy Star

> USDA raised its 2026 milk production estimate for the fourth consecutive month to 235.4 billion pounds, and gave a first look at 2027 at 236.0 billion pounds. The Class III 2026 average was projected at $17.00 per cwt, and the import and export forecasts were adjusted.

- Date: 2026-05-23 · published 2026-05-23T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/19257-usda-raises-milk-production-estimate-dairy-star
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising production forecasts point to ample milk supply, while the higher Class III projection supports dairy prices and dairy-linked feed demand.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-03-17 | [USDA Raises 2026 Milk Price Forecast as Dairy Production Grows](https://feedsoft.ai/events/20166-usda-raises-2026-milk-price-forecast-as-dairy-production-grows.md) | -0.3% | +4.9% |
| MILK | 2022-10-18 | [Lee Mielke: Milk production estimates raised \| Capital Press](https://feedsoft.ai/events/39146-lee-mielke-milk-production-estimates-raised-capital-press.md) | +0.2% | -3.5% |
| MILK | 2020-06-13 | [USDA Raises Forecasts for 2020 Milk Production - HART](https://feedsoft.ai/events/52608-usda-raises-forecasts-for-2020-milk-production-hart.md) | +2.8% | +19.2% |
| MILK | 2025-05-20 | [USDA Raises 2025 U.S. Milk Production Forecast, Sees Slight Dip in 2026 Prices - Dairy Producer](https://feedsoft.ai/events/24676-usda-raises-2025-u-s-milk-production-forecast-sees-slight-dip-in-2026-prices.md) | +0.1% | +0.5% |
| MILK | 2022-10-12 | [USDA raises milk production and price expectations - Brownfield Ag News](https://feedsoft.ai/events/39141-usda-raises-milk-production-and-price-expectations-brownfield-ag-news.md) | -0.2% | -4.2% |

## Sources

- dairystar.com: https://dairystar.com/stories/usda-raises-milk-production-estimate,30979

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