# Agricultural prices fell in the third quarter of 2023 - News articles - Eurostat

> Eurostat reports EU farm-gate agricultural prices fell 9% in Q3 2023 versus Q3 2022, with cereal prices down about 32% and milk down 15%. Input prices not related to investment dropped 11%, signaling a settling of global agricultural markets.

- Date: 2023-12-20 · published 2023-12-20T12:00:00.000Z
- Category: report · region EU · magnitude low
- Page: https://feedsoft.ai/events/32760-agricultural-prices-fell-in-the-third-quarter-of-2023-news-articles-eurostat
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower EU cereal and milk prices reflect easing post-disruption markets, supporting cheaper feed inputs for buyers. The data is backward-looking and confirms an existing trend.

## Read by commodity

- MILK: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-09-06 | [U.S. Agricultural Exports Forecast at $172.0 Billion in Fiscal Year 2024 - Farm Policy News](https://feedsoft.ai/events/14815-u-s-agricultural-exports-forecast-at-172-0-billion-in-fiscal-year-2024-farm.md) | -1.3% | -0.8% |
| MILK | 2023-01-30 | [All Milk Prices Expected To Drop In 2023](https://feedsoft.ai/events/5878-all-milk-prices-expected-to-drop-in-2023.md) | -8.0% | -8.4% |
| MILK | 2018-03-19 | [Milk production forecast raised in the World Agricultural Supply and Demand Estimates report - Cowsmo](https://feedsoft.ai/events/66147-milk-production-forecast-raised-in-the-world-agricultural-supply-and-demand.md) | -0.5% | +1.0% |
| MILK | 2023-05-12 | [USDA expects declining milk prices into 2024 - Brownfield Ag News](https://feedsoft.ai/events/36094-usda-expects-declining-milk-prices-into-2024-brownfield-ag-news.md) | -0.6% | -7.2% |
| MILK | 2023-05-25 | [More Milk, Lower Prices: Dairy Industry’s 2024 Forecast - EDairy News English](https://feedsoft.ai/events/35966-more-milk-lower-prices-dairy-industry-s-2024-forecast-edairy-news-english.md) | -3.5% | -7.8% |
| WHEAT | 2024-03-13 | [India: India Grain and Feed - Quarterly Update - March 2024 \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/31142-india-india-grain-and-feed-quarterly-update-march-2024-usda-foreign.md) | +0.6% | +3.6% |
| WHEAT | 2024-07-15 | [Agriculture Prices in Freefall – Fundamental Analytics](https://feedsoft.ai/events/4455-agriculture-prices-in-freefall-fundamental-analytics.md) | -3.2% | -2.3% |
| WHEAT | 2022-02-28 | [ABARES forecasts value of Australian agriculture to hit $81b in 2021-22, a new record - ABC News](https://feedsoft.ai/events/42662-abares-forecasts-value-of-australian-agriculture-to-hit-81b-in-2021-22-a-new.md) | +12.1% | +26.0% |

## Sources

- ec.europa.eu: https://ec.europa.eu/eurostat/en/web/products-eurostat-news/w/ddn-20231220-2

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