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Wisconsin dairy farmers saw much higher milk prices in 2022 than in 2021, with the August all-milk price at $22.10/cwt versus $17.70 a year earlier. A University of Wisconsin extension economist expects prices to ease in 2023 but remain well above 2021 levels, while high feed and input costs squeeze margins.
Expected softer 2023 milk prices and continued high feed costs could slow dairy herd expansion and reduce demand for feed ingredients over time.
en.edairynews.comDesirée JuarezOct 20, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
