# USDA Raises 2026 Milk Production Forecast, Most Dairy Product Price Forecasts - Cheese Reporter

> USDA's monthly WASDE report raised its 2026 milk production forecast to 234.7 billion pounds and lifted most dairy product price forecasts. The Class III forecast was unchanged at $16.65/cwt, while the Class IV forecast rose to $17.15/cwt and the all-milk price to $19.70/cwt.

- Date: 2026-03-13 · published 2026-03-13T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/20167-usda-raises-2026-milk-production-forecast-most-dairy-product-price-forecasts
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher cheese, butter and nonfat dry milk price forecasts point to firmer milk values for producers, while rising output limits the upside.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-04-10 | [USDA Hikes 2026 Milk Production Forecast; Dairy Product Price Forecasts Mixed - Cheese Reporter](https://feedsoft.ai/events/19714-usda-hikes-2026-milk-production-forecast-dairy-product-price-forecasts-mixed.md) | -1.1% | +0.1% |
| MILK | 2026-02-12 | [USDA Hikes 2026 Milk Production Forecast, Also Boosts Dairy Product, Milk Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/20613-usda-hikes-2026-milk-production-forecast-also-boosts-dairy-product-milk-price.md) | -0.3% | +6.9% |
| MILK | 2025-01-10 | [USDA Lowers 2025 Milk Production Forecast, Hikes Dairy Product, Milk Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/26515-usda-lowers-2025-milk-production-forecast-hikes-dairy-product-milk-price.md) | -0.6% | -1.5% |
| MILK | 2025-02-12 | [USDA Hikes 2025 Cheese Price Forecast, Lowers Other Product, Milk Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/26204-usda-hikes-2025-cheese-price-forecast-lowers-other-product-milk-price-forecasts.md) | +0.5% | -8.1% |
| MILK | 2025-05-16 | [USDA Hikes 2025 Dairy Price Forecasts, Expects Lower Prices In 2026 - Cheese Reporter](https://feedsoft.ai/events/24833-usda-hikes-2025-dairy-price-forecasts-expects-lower-prices-in-2026-cheese.md) | -0.1% | +0.8% |

## Sources

- cheesereporter.com: https://cheesereporter.com/news/market-trends-statistics/2026/03/13/usda-raises-2026-milk-production-forecast-most-dairy-product-price-forecasts/

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