# Dairy markets face downward pressure | Livestock | farmweeknow.com

> USDA forecast 2026 average prices of $1.64 per pound for cheese, $1.62 for butter, $17.10 per cwt for Class III milk and $17.55 for Class IV milk. Prices for dairy products are trending down as production keeps growing.

- Date: 2026-09-29 · published 2026-09-29T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/5027-dairy-markets-face-downward-pressure-livestock-farmweeknow-com
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling forecast dairy prices reduce the value of milk-based returns and signal continued softness in dairy product demand for feed buyers.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2026-10-02 | 5 | -7.3% | -2.9 | USDA forecasts lower dairy prices as production keeps growing, which weighs on sentiment and deferred Class III values. |
| MILK | 2026-09-30 | 1 | -7.2% | -7.7 | USDA's lower price forecasts for cheese and Class III on growing production fed bearish sentiment right before the drop. |
| MILK | 2026-09-30 | 5 | -7.4% | -3.0 | USDA's forecast of falling dairy product prices as production keeps growing reinforced bearish sentiment during the move. |
| MILK | 2026-09-29 | 1 | -7.2% | -7.7 | Published on the move date, USDA forecasts of lower dairy prices as production keeps growing point to bearish supply-driven sentiment for Class III milk. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-07-02 | [Forecast Update Live: Dairy Forecast Pressures Build  - Ever.Ag](https://feedsoft.ai/events/8577-forecast-update-live-dairy-forecast-pressures-build-ever-ag.md) | +1.4% | +1.0% |
| MILK | 2025-11-20 | [How dairy producers can offset margin pressures in 2026](https://feedsoft.ai/events/22112-how-dairy-producers-can-offset-margin-pressures-in-2026.md) | -0.1% | -8.3% |
| MILK | 2019-04-01 | [Worst of prolonged dairy downturn may be past \| Market Columns \| leadertelegram.com](https://feedsoft.ai/events/8732-worst-of-prolonged-dairy-downturn-may-be-past-market-columns-leadertelegram-com.md) | +5.2% | +6.0% |
| MILK | 2026-06-29 | [Record milk production keeps pressure on dairy prices](https://feedsoft.ai/events/18977-record-milk-production-keeps-pressure-on-dairy-prices.md) | -2.7% | -1.6% |
| MILK | 2024-05-21 | [Market Outlook - Dairy Producer](https://feedsoft.ai/events/30249-market-outlook-dairy-producer.md) | -0.9% | +6.1% |

## Sources

- farmweeknow.com: https://www.farmweeknow.com/livestock/dairy-markets-face-downward-pressure/article_72932346-8b08-4550-8fe1-46d50056f814.html

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