USDA raises 2026 milk and beef outlook, feed prices steady
- ZISK
- 2 hours ago
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The USDA’s World Ag Supply and Demand Estimates (WASDE) report offers forecasts for dairy, beef and feedstuffs.
The USDA’s monthly World Ag Supply and Demand Estimates (WASDE) report was released Feb. 10.
Milk production, prices
The milk production forecast for 2026 is raised on faster growth in milk per cow more than offsetting lower expected cow inventory. Estimated milk production is at 234.5 billion pounds. Fat basis imports are reduced primarily on lower imports of butter. Imports on a skim solids basis are unchanged. Exports are raised on a fat basis on higher exports of butter and cheese but reduced on a skim solids basis on lower casein and lactose.
Audrey Schmitz
February 11, 2026







