Here’s What To Expect for the Rest of 2026
An article on Dairy Herd Management
For U.S. dairy producers, the second half of 2026 is shaping up to be a classic story of supply and demand: Historically strong on-farm margins are driving an explosion in milk production, which in turn is poised to drag commodity prices down through the rest of the year.
That was the bearish warning delivered by Betty Berning, contributing dairy economist at HighGround Dairy, during her market forecast at the 2026 HighGround Dairy Conference in Chicago.
“Farmers are going to make more milk,” Berning says. “If you knew that you could be profitable in your business for the next year and a half, you would make more of whatever it is you make, and that’s how farmers respond too.”
Here is a breakdown of what producers can expect in the commodity markets and their milk checks through the second half of 2026 and into 2027.
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