# Milk Prices Slump Despite Summer Demand Bump – Texas A&M Stories

> Texas A&M AgriLife experts say milk prices have stayed low in 2023 despite the usual summer demand boost. The USDA reported producer prices at $17.32 per hundredweight, down from $25.87 peak last summer. Dairies are producing a glut of milk.

- Date: 2023-07-19 · published 2023-07-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35204-milk-prices-slump-despite-summer-demand-bump-texas-a-and-m-stories
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A surplus of milk keeps raw milk values depressed, which weakens dairy producers' buying power for feed. The lack of a seasonal lift suggests low prices may persist near term.

## Read by commodity

- MILK: bearish ▼

## Sources

- stories.tamu.edu: https://stories.tamu.edu/news/2023/07/19/milk-prices-slump-despite-summer-demand-bump/

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