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USDA's latest supply and demand report projects higher milk output in 2026 and 2027 from rising per-cow yields and larger cow inventories. It lowered its 2026 Class III and Class IV price forecasts, with the all-milk price at $20.70/cwt, and expects cheese and dry milk prices to fall in the second half of the year.
Expanding milk supply and weaker cheese and dry milk prices point to softer Class III and IV milk prices, which lowers dairy-based feed ingredient demand signals for buyers.
brownfieldagnews.comNicole Heslip2026年6月12日在过去 273 次看跌的报告事件之后，牛奶(III类) 在 5 个交易日内中位数变动 -0.2%（39% 上涨；中间一半区间为 -1.3% 至 +0.4%），20 个交易日内为 -1.4%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
