The U.S. Department of Agriculture recently released the 2026 and 2027 milk price forecast. Here is what World Agricultural Outlook Board Chair Mark Jekanowski discussed about the price forecast.
“Our class 3 price forecast for 2026 is up $0.10 per hundredweight to $16.25 per hundredweight,” said Jekanowski.
“Our class 4 2026 price was reduced $0.25 per hundredweight, is now forecast at $18.15 per hundredweight. The all-milk price for 2026 is currently forecast at $19.85 per hundredweight. That was reduced by $0.15 per hundredweight this month,” Jekanowski added.
“Next year, we expect the class 3 price to average $17.25 per hundredweight, basically $1 more than 2026. The class 4 price, we expect to average $17.20 per hundredweight, down about $0.95 year over year. All milk price for next year, we are currently forecasting at $19.80 per hundredweight, which is down $0.05 year over year,” Jekanowski said.
Audio Reporting by Elizabeth Sanders for Southeast AgNet.