# Falling Prices, Rising Opportunities on Tap for 2023 - NMPF

> NMPF and U.S. Dairy Export Council economists said record 2022 milk prices are unlikely to repeat in 2023 as production rises and consumers face an economic slowdown. They expect exports to increase and demand to remain resilient.

- Date: 2023-01-09 · published 2023-01-09T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/37780-falling-prices-rising-opportunities-on-tap-for-2023-nmpf
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising milk output against softer demand points to lower dairy prices in 2023, reducing dairy producers' capacity to pay premium feed prices.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-07-02 | [Margins hold tight despite falling prices](https://feedsoft.ai/events/8576-margins-hold-tight-despite-falling-prices.md) | +1.4% | +1.0% |
| MILK | 2022-07-07 | [What Do Recent Falling Feed Prices Mean For Dairy Producers? - EDairy News English](https://feedsoft.ai/events/8551-what-do-recent-falling-feed-prices-mean-for-dairy-producers-edairy-news-english.md) | +1.5% | -10.0% |
| MILK | 2023-03-17 | [As commodity prices slide, dairies brace for collapsing farmgate milk prices](https://feedsoft.ai/events/36864-as-commodity-prices-slide-dairies-brace-for-collapsing-farmgate-milk-prices.md) | +0.6% | +3.4% |
| 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% |
| MILK | 2020-04-24 | [10% too much milk forces prices to plummet](https://feedsoft.ai/events/6501-10-too-much-milk-forces-prices-to-plummet.md) | -13.8% | -7.5% |

## Sources

- nmpf.org: https://www.nmpf.org/falling-prices-rising-opportunities-on-tap-for-2023/

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