# USDA Says Dairy Farmers Are Losing Money, Offers 96-Page Report

> The September Dairy Margin Coverage margin fell to $8.35 per hundredweight, below the program’s $9.50 maximum coverage level and triggering payments for enrolled dairy producers. The article says lower milk prices and higher feed costs narrowed producer margins.

- Date: 2026-11-07 · published 2026-11-07T18:07:27.766Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/86241-usda-says-dairy-farmers-are-losing-money-offers-96-page-report
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower milk prices pressure dairy revenue, while higher feed costs squeeze margins and can affect feed demand. The margin decline is bearish for milk prices and signals financial stress for producers.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2025-09-12 | [USDA Lowers Most 2025, 2026 Dairy Price Forecasts; CME Butter Price Falls Below $2.00 - Cheese Reporter](https://feedsoft.ai/events/22853-usda-lowers-most-2025-2026-dairy-price-forecasts-cme-butter-price-falls-below-2.md) | +0.2% | -3.3% |
| MILK | 2025-04-04 | [USDA February 2025 Dairy Products Report \| The Bullvine](https://feedsoft.ai/events/25121-usda-february-2025-dairy-products-report-the-bullvine.md) | +1.5% | +8.9% |
| MILK | 2025-11-14 | [USDA Hikes 2025, 2026 Milk Production Forecasts, Lowers Most Dairy Product Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/21954-usda-hikes-2025-2026-milk-production-forecasts-lowers-most-dairy-product-price.md) | +0.1% | -7.6% |
| MILK | 2025-04-11 | [USDA Hikes 2025 Milk Production Forecast, Lowers Dairy Product Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/25122-usda-hikes-2025-milk-production-forecast-lowers-dairy-product-price-forecasts.md) | +0.8% | +6.8% |
| MILK | 2026-02-01 | [USDA says milk, dairy product prices fell in December](https://feedsoft.ai/events/21217-usda-says-milk-dairy-product-prices-fell-in-december.md) | +5.2% | +2.1% |

## Sources

- farm.fm: https://farm.fm/usda-says-dairy-farmers-are-losing-money-offers-96-page-report/

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