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Farm Credit East's February snapshot shows 2025 average milk prices falling and 2026 forecasts well below 2025 levels, with the Boston Blend at $17.78 and the USDA all-milk price at $18.25 per hundredweight. It also reports a larger national herd and higher milk output than a year earlier.
Lower projected milk prices and a bigger herd point to continued pressure on dairy margins and milk price levels in 2026.
farmcrediteast.comFeb 11, 2026After 273 past bearish report events, Milk (Class III) moved a median -0.2% over 5 sessions (39% higher; middle half -1.3% to +0.4%), and -1.4% 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.
