Dairy Forecast Revealed

World Agriculture Outlook Board Chair Mark Jekanowski delves into the December milk outlook

“We didn't make any change to our 2025 milk production forecast. And for 2026, we pulled our milk production forecast back by about 100 million pounds. So modest reduction.”

Jackanowski says there is an emphasis on butter.

“Butter supplies are high, prices relatively low under some pressure. So that is going to encourage US exports of butter and discourage imports.

Jackanowski shares information on us days forecasted prices for milk class categories and the all milk price for 2025, and 2026.

“Class prices down almost across the board. One exception being the class four price for 2025 which is up a little bit five cents per 100 weight, just based on some strength in the non fat dry milk market. But otherwise, class three price, we reduced five cents per pound based on lower cheese prices. All milk price for 2025 we reduced five cents per pound, $21 per 100 weight in 2026, both the class three and class four prices were adjusted lower, and the all milk price was reduced by 50 cents per 100 weight, down to $18.75per per 100 weight, down $2.25 year over year.”