# As commodity prices slide, dairies brace for collapsing farmgate milk prices

> Global dairy commodity prices have started to recover from 2022 highs, while processors face pressure to cut farmgate milk prices. Feed ingredient prices remain above January 2022 levels, and fertilizer prices fell in February as natural gas costs eased.

- Date: 2023-03-17 · published 2023-03-17T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/36864-as-commodity-prices-slide-dairies-brace-for-collapsing-farmgate-milk-prices
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Falling farmgate prices and easing fertilizer costs mean lower dairy margins and softer input-cost pressure, while tight corn and wheat supply from the Black Sea and dry US weather keep feed prices supported.

## Read by commodity

- CORN: bullish ▲
- MILK: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2018-07-14 | [Dairy farms weather long stretch of low milk prices \| AP News](https://feedsoft.ai/events/64182-dairy-farms-weather-long-stretch-of-low-milk-prices-ap-news.md) | -0.6% | +5.4% |
| MILK | 2020-04-24 | [Idaho dairymen dump milk as demand, prices fall \| Capital Press](https://feedsoft.ai/events/6502-idaho-dairymen-dump-milk-as-demand-prices-fall-capital-press.md) | -13.8% | -7.5% |
| MILK | 2021-07-07 | [What does inflation mean for milk prices? - Dairy Producer](https://feedsoft.ai/events/46216-what-does-inflation-mean-for-milk-prices-dairy-producer.md) | +0.7% | -1.8% |
| MILK | 2020-04-01 | [What is behind the sharp drops in farmgate prices? \| AHDB](https://feedsoft.ai/events/4161-what-is-behind-the-sharp-drops-in-farmgate-prices-ahdb.md) | -13.4% | -28.2% |
| MILK | 2020-04-01 | [Coronavirus is Impacting Milk Prices \| Red River Farm Network](https://feedsoft.ai/events/4158-coronavirus-is-impacting-milk-prices-red-river-farm-network.md) | -13.4% | -28.2% |
| CORN | 2017-08-24 | [The Assay - Why the FED’S actions are bullish for commodity prices](https://feedsoft.ai/events/69364-the-assay-why-the-fed-s-actions-are-bullish-for-commodity-prices.md) | -3.1% | +0.7% |
| CORN | 2021-05-01 | [Why prices of commodities, from metals to food, are soaring](https://feedsoft.ai/events/11301-why-prices-of-commodities-from-metals-to-food-are-soaring.md) | +2.8% | -6.2% |
| CORN | 2025-08-22 | [Commodity Prices Surge As Powell Signals September Fed Rate Cut \| FXEmpire](https://feedsoft.ai/events/23247-commodity-prices-surge-as-powell-signals-september-fed-rate-cut-fxempire.md) | -0.6% | +7.6% |

## Sources

- dairyreporter.com: https://www.dairyreporter.com/Article/2023/03/17/as-commodity-prices-slide-dairies-brace-for-collapsing-farmgate-milk-prices/

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