# U.S. Milk Output Rises as Class Prices Drop Sharply - RFD-TV

> USDA data show U.S. milk output rose 3.6 percent from August through October, driven by more cows and higher output per cow. October's Class I base price fell to $18.04 per cwt, more than $5 below a year earlier, with Class III and IV also down. USDA expects the 2026 all-milk price to average $1.80 per cwt lower while production rises another 2.4 percent.

- Date: 2025-12-04 · published 2025-12-04T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/4085-u-s-milk-output-rises-as-class-prices-drop-sharply-rfd-tv
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Expanding supply alongside falling class prices points to further downside for dairy product and milk prices into 2026, squeezing farm margins and reducing demand for dairy-linked feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-04-24 | [Dairy prices fall as milk production rises](https://feedsoft.ai/events/6500-dairy-prices-fall-as-milk-production-rises.md) | -13.8% | -7.5% |
| MILK | 2024-10-31 | [October FMMO milk class prices dip \| Ag Proud](https://feedsoft.ai/events/4677-october-fmmo-milk-class-prices-dip-ag-proud.md) | -1.6% | -2.0% |
| MILK | 2026-07-01 | [Milk class prices shrink in June report \| Ag Proud](https://feedsoft.ai/events/8574-milk-class-prices-shrink-in-june-report-ag-proud.md) | -2.7% | -1.4% |
| MILK | 2026-07-10 | [USDA raises milk output forecast but cuts milk price outlook
						 \| The Dairy Site](https://feedsoft.ai/events/18340-usda-raises-milk-output-forecast-but-cuts-milk-price-outlook-the-dairy-site.md) | +0.4% | +6.4% |
| MILK | 2017-03-21 | [U.S. milk output remains at high tide -  \| Ag Proud](https://feedsoft.ai/events/72003-u-s-milk-output-remains-at-high-tide-ag-proud.md) | +0.7% | -3.1% |

## Sources

- rfdtv.com: https://www.rfdtv.com/u-s-milk-output-rises-as-class-prices-drop-sharply

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