Class III milk futures prices down $3: How long will the fall continue?
- ZISK APP
- 6 hours ago
- 1 min read
The beginning of 2026 saw a modest rally for Class III milk futures. However, that rally screeched to a halt as the production pace of milk, cheese and butter continues to climb, pressuring prices lower.
What’s happened
Multiple months of milk production reports have shown year-over-year increases in milk production, and that has taken its toll on Class III milk futures prices. The most recent report showed that trend continues.
On June 22, the USDA released the May U.S. Milk Production report. The report was bearish as total milk production in May was up 2.3% from last year.
July 1, 2026
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