# US Milk Prices Face Margin Squeeze As Feed Costs Rally And Beef Values Soften - EDairy News English

> 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.

- Date: 2026-10-22 · published 2026-10-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/17120-us-milk-prices-face-margin-squeeze-as-feed-costs-rally-and-beef-values-soften
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- MILK: neutral

## Sources

- en.edairynews.com: https://en.edairynews.com/us-milk-prices-face-margin-squeeze-as-feed-costs-rally-and-beef-values-soften/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.