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Economic Update: Class I base milk price rebounds to $18.21 in December 2025

November 20, 2025
Karen Lee and Dave Natzke

In the news affecting a dairy producer's bottom line the third week of November 2025: Class I base milk price rebounds to $18.21 in December 2025, fluid milk sales move higher, GDT index drops, Latin American trade frameworks announced, and crop disaster assistance and milk loss program applications due.


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October 2025 uniform milk prices fell in all 11 regional FMMOs as all milk class prices dropped

In many regions, October 2025 FMMO uniform milk prices were the lowest in more than two years.
November 14, 2025
Dave Natzke

Federal Milk Marketing Order (FMMO) regional uniform milk prices fell nationwide in October. Across all orders, uniform prices declined an average of $1.10 per hundredweight (cwt) compared to September, with declines of $1.50 or more per cwt in three of 11 FMMOs.


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USDA resumes monthly WASDE report with November estimates

The USDA’s World Ag Supply and Demand Estimates (WASDE) report offers forecasts for dairy, beef and feedstuffs.
November 14, 2025
Audrey Schmitz

The milk production forecast for 2025 is raised from the previous report based on higher milk cow inventories and robust milk per cow through the third quarter of 2025. Estimated at 231.4 billion pounds, it was raised 1,400 million pounds from September’s report.


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Weekly Digest: USDA extends livestock disaster recovery assistance application deadline

November 13, 2025
Karen Lee

In dairy-related news the second week of November 2025: The USDA extends the livestock disaster recovery assistance application deadline and announces the opening of a sterile fly facility to combat NWS in Mexico. DCRC's annual meeting highlights emerging reproductive technologies, and Edge launches a farmer-led approach to lowering GHG emissions.


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Joint annual meeting spotlights dairy farmer progress, recognizes accomplishments

The meeting was held jointly by the National Milk Producers Federation (NMPF), the National Dairy Promotion and Research Board (NDB) and the United Dairy Industry Association (UDIA), Nov. 10-12.
November 13, 2025
Karen Lee

U.S. dairy farmers are thriving in the marketplace even as labor shortages and a volatile policy environment remain challenges, dairy industry leaders stressed at the joint annual meeting.


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Milk production continues to rise in USDA September estimates

September U.S. milk production increased from August and is up about 4% from the USDA’s estimates a year earlier.
November 10, 2025
Audrey Schmitz

Twenty states including Idaho, Texas and New York boosted milk production a combined 789 million pounds in September.


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Economic Update: Slight rise in farmer sentiment fueled by livestock

November 6, 2025
Karen Lee

In the news affecting a dairy producer's bottom line the first week of November 2025: A slight rise in farmer sentiment is fueled by livestock, the GDT index continues to fall, and fluid milk sales continue downward trend.


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October 2025 milk class prices tumble

Federal Milk Marketing Order October 2025 uniform prices are expected to fall as all milk class prices declined from the month prior.
November 6, 2025
Dave Natzke

Dairy producers should anticipate smaller milk checks this month, based on a preview of Federal Milk Marketing Order (FMMO) milk class prices.


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Weekly Digest: USDA to release key production data

November 3, 2025
Karen Lee

In dairy-related news this first week of November 2025: The USDA plans to release key production data in November, IDFA submits comments on global dairy trade barriers, a carcass composting bill passes in California, and Chobani partners with U.S. Soccer.


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Rabobank: Restaurants struggle as dairy, beef, pork see positive movement

October 30, 2025
Karen Lee

A recently released North American Agribusiness Review by RaboResearch Food and Agribusiness analysts digs into consumer trends, dairy production and other animal proteins to evaluate how farm production is meeting consumer demands.


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