# Class III prices expected to rebound in next year - Dairy Star

> AgResource's Dan Basse expects Class III milk to bottom near $18 per cwt before potentially rallying to $24-26 in 2025, citing whey export opportunities and butterfat trade. USDA's December report raised 2024 and 2025 U.S. milk production forecasts on higher cow numbers and lowered its Class III price forecasts for both years.

- Date: 2024-12-21 · published 2024-12-21T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/27110-class-iii-prices-expected-to-rebound-in-next-year-dairy-star
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher projected milk output is bearish for dairy prices, while the expected whey and butterfat demand could limit downside. Net, the outlook for Class III milk is mixed.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-08-22 | [Price forecasts higher Class III, lower Class IV - Dairy Star](https://feedsoft.ai/events/17916-price-forecasts-higher-class-iii-lower-class-iv-dairy-star.md) | +0.1% | -2.9% |
| MILK | 2023-08-12 | [Cheese helps support Class III futures - Dairy Star](https://feedsoft.ai/events/34740-cheese-helps-support-class-iii-futures-dairy-star.md) | -0.3% | +6.2% |
| MILK | 2020-01-16 | [Dairy Report: Expect Slower Growth In Milk Per Cow - EDairy News English](https://feedsoft.ai/events/55106-dairy-report-expect-slower-growth-in-milk-per-cow-edairy-news-english.md) | +0.1% | +0.1% |
| MILK | 2019-10-10 | [Dairy production increases reflected in 2020 all milk price - Brownfield Ag News](https://feedsoft.ai/events/56718-dairy-production-increases-reflected-in-2020-all-milk-price-brownfield-ag-news.md) | -0.5% | +8.1% |
| MILK | 2025-07-12 | [Cheese production continues to grow - Dairy Star](https://feedsoft.ai/events/23757-cheese-production-continues-to-grow-dairy-star.md) | +0.5% | -0.0% |

## Sources

- dairystar.com: https://dairystar.com/stories/class-iii-prices-expected-to-rebound-in-next-year,26708

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