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USDA's September 12 WASDE raised its 2025 milk production forecast by 800 million pounds to 230 billion pounds, on larger cow numbers and higher output per cow. It cut the 2025 Class III price to $18.20 per cwt, Class IV to $18.15, and the all-milk price by 65 cents to $21.35.
Forecasts for 2026 prices were also reduced.
Higher supply combined with lower dairy product prices points to weaker milk values and tighter dairy producer margins. Lower milk prices reduce the cost of dairy by-products used in feed rations.
agproud.comAudrey Schmitz2025年9月15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。
