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Spot dairy buyers have held back in 2023 because they see plentiful milk supply. Milk futures have slipped over time after cow numbers rebounded from the culling seen in 2021 and 2022.
Ample supply and cautious buyers keep milk prices under pressure, which weighs on dairy markets and related feed demand.
dairyherd.comRobin SchmahlFeb 6, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
