# USDA increases 2026 milk production estimates, Class III and all-milk prices projected higher | Ag Proud

> The USDA raised its 2026 US milk production forecast to 235.3 billion pounds, up 600 million pounds from the prior month. Class III and all-milk price projections were also raised on firmer cheese and nonfat dry milk prices.

- Date: 2026-04-09 · published 2026-04-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/19719-usda-increases-2026-milk-production-estimates-class-iii-and-all-milk-prices
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A higher USDA price outlook and stronger dairy demand support dairy values, while larger milk output adds supply that partly offsets price gains for dairy-based feed ingredients.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-10-09 | [USDA projects increased milk production and prices - Brownfield Ag News](https://feedsoft.ai/events/50645-usda-projects-increased-milk-production-and-prices-brownfield-ag-news.md) | +3.3% | +14.3% |
| MILK | 2026-05-12 | [USDA projects more milk production, dairy trade, and higher 2026 milk prices - Brownfield Ag News](https://feedsoft.ai/events/19254-usda-projects-more-milk-production-dairy-trade-and-higher-2026-milk-prices.md) | -0.4% | -5.5% |
| MILK | 2023-04-12 | [Weekly Digest: USDA raises 2023 Class III price projection \| Ag Proud](https://feedsoft.ai/events/36565-weekly-digest-usda-raises-2023-class-iii-price-projection-ag-proud.md) | +0.1% | -11.9% |
| MILK | 2020-10-12 | [USDA milk production, price and feed cost projections all raised - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/50754-usda-milk-production-price-and-feed-cost-projections-all-raised-progressive.md) | +2.2% | +11.0% |
| MILK | 2022-03-08 | [Economic Update: February Class III-IV milk prices higher \| Ag Proud](https://feedsoft.ai/events/42420-economic-update-february-class-iii-iv-milk-prices-higher-ag-proud.md) | -0.9% | +4.2% |

## Sources

- agproud.com: https://www.agproud.com/articles/63290-usda-increases-2026-milk-production-estimates-class-iii-and-all-milk-prices-projected-higher

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