# Low Feed Prices Good News for Dairies

> Dairy market advisers Kathleen Noble Wolfley and Bryce Windecker said on an August 9 call that feed prices are low, with corn and soybean December futures near their lowest since 2020. They advised dairy farmers to lock in feed costs in the coming months.

- Date: 2024-08-09 · published 2024-08-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28915-low-feed-prices-good-news-for-dairies
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Ample US grain supplies and a strong Texas cotton crop are keeping feed costs low, so the price outlook is bearish for corn, soybeans and cottonseed feed, though it may not last.

## Read by commodity

- CSM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- lancasterfarming.com: https://www.lancasterfarming.com/farming-news/dairy/low-feed-prices-good-news-for-dairies/article_086b92ca-567e-11ef-8afe-07e8269d14b7.html

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