# In 2023, Farmers Will See a Weak Global Dairy Market, Say Analysts

> Rabo Research's Global Dairy Quarterly for Q4 2022 expects weak global dairy prices in 2023 as milk output rises in the US, Canada and Europe and cheese stocks are strong. US milk production rose 1.2% year over year in the fourth quarter.

- Date: 2022-12-09 · published 2022-12-09T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/38382-in-2023-farmers-will-see-a-weak-global-dairy-market-say-analysts
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Rising global milk supply and weak prices reduce dairy producer returns and pressure dairy-based feed demand into 2023.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-02-29 | [Global dairy forecast: 2024 milk production and trade - Dairy Global](https://feedsoft.ai/events/31686-global-dairy-forecast-2024-milk-production-and-trade-dairy-global.md) | -4.1% | -4.8% |
| MILK | 2026-07-24 | [Milk, Dairy and Grain Market Commentary](https://feedsoft.ai/events/18526-milk-dairy-and-grain-market-commentary.md) | -0.8% | +5.5% |
| MILK | 2025-08-22 | [Milk, Dairy and Grain Market Commentary](https://feedsoft.ai/events/23333-milk-dairy-and-grain-market-commentary.md) | -0.6% | +1.6% |
| MILK | 2018-11-19 | [Dairy farmers face squeeze \| Stats NZ](https://feedsoft.ai/events/62057-dairy-farmers-face-squeeze-stats-nz.md) | -0.6% | -5.1% |
| MILK | 2025-12-18 | [Dairy Market Outlook: Milk Supplies Steady, Prices Ease in 2026](https://feedsoft.ai/events/21495-dairy-market-outlook-milk-supplies-steady-prices-ease-in-2026.md) | -0.4% | -6.9% |

## Sources

- agriculture.com: https://www.agriculture.com/livestock/dairy/in-2023-farmers-will-see-a-weak-global-dairy-market-say-analysts

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