Class III milk prices range from $8 to $1-under, as of reporting. FLUID MILK HIGHLIGHTS: Milk production is lighter for much of the nation. Some handlers note 2025 milk production is up on a year over-year basis heading into July. These data show total May 2025 milk production was 620.3 million liters, down 24.8 million liters (3.8 percent) year over year. These data show total May 2025 production was 993,000 metric tons, up 8.3 percent compared to a year earlier.