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U.S. cheese production totaled 1.23 billion pounds in September, up 0.7% from a year earlier, while output for January through September rose 2.3%. American-type cheese production fell 2.5% year over year in September, with declines in Wisconsin and California.
Higher overall cheese output indicates stronger milk use and product supply, while weaker American-type production points to softness in that segment. The mixed production picture is a modestly bearish signal for milk prices overall.
cheesereporter.comNov 6, 2026After 273 past bearish report events, Milk (Class III) moved a median -0.2% over 5 sessions (39% higher; middle half -1.3% to +0.4%), and -1.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
