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U.S. butterfat output through November hit a record, with butter production up 6.9% in the first ten months of the year. Butter prices fell more than $1/lb from a July peak of $2.62 to a late-December low of $1.385/lb.
New cheese plants in the Central Plains pushed regional output to record levels.
Record milkfat and cheese output with new processing capacity sustains heavy supply, keeping dairy prices low into the first half of 2026.
dairyherd.comFran HowardJan 20, 2026Not enough comparable past events yet for a historical read.
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.
