# Issuu

> Dairy Management Inc.'s January 2023 market report says retail dairy price inflation weighed on domestic consumption of milk and butter during September–November. U.S. dairy exports are on track for a record share of milk solids production (about 18%), supporting prices. The national average milk price is gradually declining from its May all-time high.

- Date: 2023-01-26 · published 2023-01-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/37778-issuu
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Strong exports are offsetting weaker domestic demand, which supports dairy prices, but falling butter and cheese prices point to softer milk prices ahead for dairy-based feed demand.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-05-23 | [Issuu](https://feedsoft.ai/events/35968-issuu.md) | -0.3% | -7.8% |
| MILK | 2024-12-16 | [Issuu](https://feedsoft.ai/events/26970-issuu.md) | -0.4% | +8.0% |
| MILK | 2016-11-02 | [Increased milk production pressures prices lower](https://feedsoft.ai/events/73986-increased-milk-production-pressures-prices-lower.md) | +13.4% | +14.8% |
| MILK | 2026-07-01 | [Class III milk futures drop $3: Is a rebound possible?](https://feedsoft.ai/events/8572-class-iii-milk-futures-drop-3-is-a-rebound-possible.md) | -2.7% | -1.4% |
| MILK | 2026-02-11 | [Dairy Industry Snapshot](https://feedsoft.ai/events/20615-dairy-industry-snapshot.md) | -0.7% | +6.5% |

## Sources

- embed-rech-01.dialog.cm: https://embed-rech-01.dialog.cm/nationalycprogram/docs/dmreport_jan23_

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