# USDA milk production forecast bounces back, pointing higher

> USDA raised its 2026 and 2027 US milk-production forecasts, citing higher cow inventories and output per cow, supported by milk prices and calf-sale income. It also raised forecasts for nonfat dry milk, whey and Class III and Class IV prices, while lowering butter-price forecasts; the 2027 milk-production estimate rose to 240.7 billion pounds.

- Date: 2026-11-10 · published 2026-11-11T00:10:11.384Z
- Category: report · region United States · magnitude medium
- Page: https://feedsoft.ai/events/92411-usda-milk-production-forecast-bounces-back-pointing-higher
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Nonfat Dry Milk](https://feedsoft.ai/c/NFDM.md), [Dry Whey](https://feedsoft.ai/c/WHEY.md)

## Why it matters

Higher projected milk output points to expanding dairy supply, while the stronger forecasts for nonfat dry milk and whey reflect demand for high-protein products. The mixed product outlook could produce different price effects across dairy ingredients.

## Read by commodity

- MILK: bullish ▲
- NFDM: bullish ▲
- WHEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-12-27 | [USDA Forecasts Lower Milk Production, Higher Prices - EDairy News English](https://feedsoft.ai/events/43588-usda-forecasts-lower-milk-production-higher-prices-edairy-news-english.md) | -0.1% | +10.1% |
| MILK | 2026-03-10 | [USDA boosts 2026 milk production forecast as prices strengthen  \| Ag Proud](https://feedsoft.ai/events/20169-usda-boosts-2026-milk-production-forecast-as-prices-strengthen-ag-proud.md) | -1.5% | +5.6% |
| MILK | 2017-01-25 | [LIVESTOCK MARKETS: USDA forecasts higher dairy product prices](https://feedsoft.ai/events/73007-livestock-markets-usda-forecasts-higher-dairy-product-prices.md) | -0.1% | +0.5% |
| MILK | 2024-09-19 | [USDA Revises Milk Production Forecasts for 2024-2025: Higher Prices Amid Lower Output \| The Bullvine](https://feedsoft.ai/events/28321-usda-revises-milk-production-forecasts-for-2024-2025-higher-prices-amid-lower.md) | +0.2% | -3.2% |
| MILK | 2026-02-12 | [USDA Hikes 2026 Milk Production Forecast, Also Boosts Dairy Product, Milk Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/20613-usda-hikes-2026-milk-production-forecast-also-boosts-dairy-product-milk-price.md) | -0.3% | +6.9% |

## Sources

- agproud.com: https://www.agproud.com/articles/64411-usda-milk-production-forecast-bounces-back-pointing-higher

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