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Farm-gate milk prices are rising on a boom in nonfat dry milk sales and strong dairy exports, according to an analyst from Ever.Ag. Class IV futures have surged since the start of the year, while Class III has gained more modestly.
The analyst said the market is stronger than expected despite a large US herd and mediocre retail demand.
Stronger export demand for protein-rich dairy products supports Class IV prices and gradually lifts milk values, though inflation and high fuel costs weigh on domestic retail demand.
lancasterfarming.comEver.AgMay 15, 2026After 41 past bullish trade events, Milk (Class III) moved a median -0.1% over 5 sessions (49% higher; middle half -1.3% to +8.1%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
