USDA boosts milk production forecast but raises price projections too

After 136 past neutral report events, MILK moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% over 20.

• Mar 17, 2026USDA Raises 2026 Milk Price Forecast as Dairy Production Grows-0.3%
• Jun 13, 2020USDA Raises Forecasts for 2020 Milk Production - HART+2.8%
• May 15, 2026USDA Raises 2026 Milk Production Forecast; Price Forecasts Mixed - Cheese Reporter-0.2%
• Aug 12, 2026USDA nudges 2026 milk production forecast higher | Ag Proud-0.5%
• Oct 12, 2022USDA raises milk production and price expectations - Brownfield Ag News-0.2%

Not enough comparable past events yet for a historical read.