# Record ’22 prices did not equal record profitability    - Brownfield Ag News

> A StoneX dairy economist said 2022 set record milk prices across Class I, II, III and IV and farmgate levels. Margins held up in the first half, but a roughly $5 drop in milk prices in the second half and persistently high feed costs are pressuring margins into early 2023.

- Date: 2022-12-29 · published 2022-12-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38381-record-22-prices-did-not-equal-record-profitability-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

High feed costs combined with falling milk prices reduce dairy producer margins, which can limit herd expansion and future demand for feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/record-22-prices-did-not-equal-record-profitability/

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