USDA outlook sees little change in 2025-26 milk production
- ZISK
- Dec 15, 2025
- 1 min read
The USDA’s monthly World Ag Supply and Demand Estimates (WASDE) report was released Dec. 9.
Milk production, prices
The milk production forecast for 2025 is unchanged from the previous month, based on the data in the most recent Milk Production report. Estimated at 231.4 billion pounds, it was unchanged from November’s report.
The butter price forecast for 2025 is raised slightly on prices reported through November. The cheese price forecast for 2025 is lowered on recent price weakness. The nonfat dry milk (NDM) and whey price forecasts are unchanged for 2025. The Class III milk price forecast was reduced to $18.10 per hundredweight (cwt) while the Class IV milk price was raised to $17.40 cwt. The 2025 all-milk price is lowered a nickel to $21 per cwt.
Audrey Schmitz
December 9, 2025
Comments