# USDA Lowers 2025 Dairy Product, Milk Price Forecasts, Also Reduces Milk Production Forecast

> USDA's March supply-demand report cut its 2025 US milk production forecast by 700 million pounds to 226.2 billion pounds on lower output per cow. It also lowered cheese, butter, nonfat dry milk and dry whey price forecasts, and reduced the Class III and all-milk price forecasts.

- Date: 2025-03-13 · published 2025-03-13T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/25582-usda-lowers-2025-dairy-product-milk-price-forecasts-also-reduces-milk
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower USDA milk output and price forecasts signal tighter raw milk supply but weaker product values, which weighs on dairy-linked feed demand such as DDGS and reflects softer dairy income for feed buyers.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2025-04-11 | [USDA Hikes 2025 Milk Production Forecast, Lowers Dairy Product Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/25122-usda-hikes-2025-milk-production-forecast-lowers-dairy-product-price-forecasts.md) | +0.8% | +6.8% |
| MILK | 2025-11-14 | [USDA Hikes 2025, 2026 Milk Production Forecasts, Lowers Most Dairy Product Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/21954-usda-hikes-2025-2026-milk-production-forecasts-lowers-most-dairy-product-price.md) | +0.1% | -7.6% |
| MILK | 2023-07-13 | [USDA Lowers 2023 All-Milk Price Forecast, Milk Production Estimates Remain the Same - Dairy Herd](https://feedsoft.ai/events/35061-usda-lowers-2023-all-milk-price-forecast-milk-production-estimates-remain-the.md) | -0.2% | +25.1% |
| MILK | 2022-10-05 | [USDA Lowers Its 2022-2023 All-Milk Price Forecast - Dairy Herd](https://feedsoft.ai/events/5115-usda-lowers-its-2022-2023-all-milk-price-forecast-dairy-herd.md) | +9.9% | +10.0% |
| MILK | 2026-01-16 | [USDA Hikes 2026 Milk Production Forecast; Dairy Product Price Forecasts Mixed - Cheese Reporter](https://feedsoft.ai/events/21068-usda-hikes-2026-milk-production-forecast-dairy-product-price-forecasts-mixed.md) | -0.3% | +2.2% |

## Sources

- cheesereporter.com: https://cheesereporter.com/news/industry-news-developments/2025/03/13/usda-lowers-2025-dairy-product-milk-price-forecasts-also-reduces-milk-production-forecast/

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