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Dairy - Market Outlook

See the latest Livestock, Dairy, and Poultry Outlook report.

Report Summary

Dairy: Based on recent data, the milk production forecasts for 2025 and 2026 have been raised from the previous month's projections. All milk prices have also been revised upward, with the all-milk price forecast for 2025 set at $21.95 per hundredweight (cwt), reflecting a $0.35 increase from the previous estimate. Meanwhile, the all-milk price forecast for 2026 is projected at $21.30 per cwt, up $0.15 from last month’s forecast.