# Mailbox milk prices reached a new record

> US mailbox milk prices hit a record $24.64 per hundredweight in 2022, beating the 2014 high by 60 cents. Feed costs rose sharply during 2022, with corn up 29% and soybean meal up 44% year on year by October.

- Date: 2023-04-03 · published 2023-04-03T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/36411-mailbox-milk-prices-reached-a-new-record
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Record dairy returns in 2022 drove strong feed demand, but the article covers past conditions rather than new price drivers. It gives context for current dairy feed purchasing.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-07-01 | [Mailbox milk prices: What do they tell us? - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/4203-mailbox-milk-prices-what-do-they-tell-us-progressive-dairy-ag-proud.md) | +6.5% | +7.4% |
| MILK | 2024-08-01 | [July FMMO milk class prices mixed \| Ag Proud](https://feedsoft.ai/events/6830-july-fmmo-milk-class-prices-mixed-ag-proud.md) | -0.4% | +0.4% |
| MILK | 2019-10-10 | [Dairy production increases reflected in 2020 all milk price - Brownfield Ag News](https://feedsoft.ai/events/56718-dairy-production-increases-reflected-in-2020-all-milk-price-brownfield-ag-news.md) | -0.5% | +8.1% |
| MILK | 2020-11-10 | [USDA continues to raise milk production and prices - Brownfield Ag News](https://feedsoft.ai/events/50158-usda-continues-to-raise-milk-production-and-prices-brownfield-ag-news.md) | -1.8% | -33.8% |
| MILK | 2023-05-03 | [Economic update: April FMMO milk class prices mixed \| Ag Proud](https://feedsoft.ai/events/8134-economic-update-april-fmmo-milk-class-prices-mixed-ag-proud.md) | -11.9% | -13.2% |

## Sources

- hoards.com: https://hoards.com/article-33422-mailbox-milk-prices-reached-a-new-record.html

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