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USDA's May supply and demand report projects higher 2026 milk production, more domestic dairy use, and higher imports and exports. The 2026 all-milk price forecast was raised to $21.25 per cwt, with Class III raised on cheese and whey and Class IV raised on nonfat dry milk.
Butter price projections were lowered.
Higher USDA milk price forecasts signal firmer dairy-based feed demand and support dairy margins, while more milk output points to ample supply for cull and feed markets.
brownfieldagnews.comLarry Lee2026年5月12日在过去 237 次看涨的报告事件之后，牛奶(III类) 在 5 个交易日内中位数变动 +0.0%（51% 上涨；中间一半区间为 -0.3% 至 +0.6%），20 个交易日内为 +1.2%。
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。
