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USDA raised its 2025 U.S. milk production forecast to 227.3 billion pounds, up 0.4 billion from the prior month, on a larger dairy herd and higher output per cow. The all-milk price forecast for 2025 rose 50 cents to $21.60 per cwt.
For 2026, USDA projects production of 227.9 billion pounds and a slightly lower all-milk price of $21.15.
Higher expected supply growth alongside softer 2026 prices points to ample milk for buyers and continued pressure on dairy product prices later in the year.
dairyproducer.comTanya Eadie2025年5月20日在过去 136 次中性的报告事件之后，牛奶(III类) 在 5 个交易日内中位数变动 -0.1%（43% 上涨；中间一半区间为 -0.7% 至 +0.5%），20 个交易日内为 -0.3%。
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。
