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Mielke Market Weekly data show the August Class III price at $16.64 per cwt, up $1.12 from July but 60 cents below a year earlier and the lowest August realization since 2021. Feed costs are climbing while beef cull values soften, and the milk-feed price ratio fell to 2.12 in July.
A falling milk-feed ratio from rising corn and soybean meal costs squeezes dairy farm margins and can curb milk output, a factor that supports future dairy prices while feed demand from dairy herds weakens.
en.edairynews.comDamián MoraisOct 22, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
