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The June Federal Order Class III milk price was announced at $18.82/cwt, up 25 cents from May but $1.05 below a year earlier. US cheese output rose 1.4% from April to 1.252 billion pounds and was up 3.3% from May 2024.
Mozzarella and state-level production figures also showed gains.
Rising cheese output and a Class III price below last year's level point to ample milk supply and soft dairy margins, which can weigh on demand for dairy feed inputs.
dairystar.comLee MielkeJul 12, 2025After 136 past neutral report events, Milk (Class III) moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% 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.
