# Milk Supply Burdensome in the Plains - Dairy Herd

> Processors in the Plains states have bought spot milk at up to $10/cwt below class price for seven straight weeks. Analysts link the glut to strong output growth in Texas, South Dakota, Iowa and Kansas, plus a Midwestern cheese plant outage.

- Date: 2023-02-09 · published 2023-02-09T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/37467-milk-supply-burdensome-in-the-plains-dairy-herd
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Chronic oversupply and deep spot discounts point to weak milk prices ahead, reducing dairy-related feed demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- dairyherd.com: https://www.dairyherd.com/markets/milk-prices/milk-supply-burdensome-plains

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