# Got (too much) milk?

> Nearby Class III milk futures fell below $17 per cwt as US milk production rose 3.4% year over year in July, with more cows and higher output per cow. Cheese exports were up 29% and butter exports were the highest since the mid-1990s, providing some support. Demand has mostly held firm.

- Date: 2025-09-10 · published 2025-09-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/23048-got-too-much-milk
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Heavy milk supply is pressuring futures and dairy product prices, which lowers farm milk values. Strong cheese and butter exports limit the downside.

## Read by commodity

- MILK: bearish ▼

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/got-too-much-milk-

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