# Dairy Farm Milk Production Hits New High; Profitability Refuses to Follow

> USDA NASS reported that US milk output for September 2026 reached 19.443 billion pounds, up 2.6% from a year earlier. The national dairy herd grew by 169,000 cows to 9.743 million, and output per cow rose to 1,996 pounds per month. The USDA Economic Research Service projected a 2026 all-milk price of $19.90 per hundredweight.

- Date: 2026-11-03 · published 2026-11-03T15:18:53.747Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/77986-dairy-farm-milk-production-hits-new-high-profitability-refuses-to-follow
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Larger herd and per-cow output add to milk supply, which is bearish for milk prices and weighs on farm margins. Higher milk output can also support demand for dairy feed inputs, but feed costs remain a pressure for producers.

## 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 | 2026-06-23 | [Higher Milk Production Forecasts Temper Dairy Price Outlook - Dairy Producer](https://feedsoft.ai/events/18807-higher-milk-production-forecasts-temper-dairy-price-outlook-dairy-producer.md) | -0.0% | -1.6% |
| MILK | 2026-07-11 | [Cheese production higher, milk prices lower - Dairy Star](https://feedsoft.ai/events/18337-cheese-production-higher-milk-prices-lower-dairy-star.md) | +0.4% | +7.1% |
| MILK | 2023-04-12 | [High production, low demand likely to depress milk prices \| Capital Press](https://feedsoft.ai/events/36564-high-production-low-demand-likely-to-depress-milk-prices-capital-press.md) | +0.1% | -11.9% |
| MILK | 2022-08-02 | [Higher US Milk Production, Demand Fears, Push Dairy Lower \| CZ app](https://feedsoft.ai/events/4577-higher-us-milk-production-demand-fears-push-dairy-lower-cz-app.md) | -11.5% | -10.7% |

## Sources

- farm.fm: https://farm.fm/dairy-farm-milk-production-hits-new-high-profitability-refuses-to-follow/

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