# Slowing Economy, Increased Production Drives Milk Prices Lower - EDairy News English

> Milk prices are moving lower, with the Class III price forecast near $20 for August after peaking at $25.21 in May. Lower cheese and whey prices pulled Class III down, while higher butter prices partly supported Class IV.

- Date: 2022-08-25 · published 2022-08-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40038-slowing-economy-increased-production-drives-milk-prices-lower-edairy-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Softer dairy product values reduce the milk price that supports dairy herd feed budgets, which can weaken demand for feed ingredients such as corn and soybean meal from dairy buyers.

## Read by commodity

- MILK: bearish ▼

## Sources

- en.edairynews.com: https://en.edairynews.com/slowing-economy-increased-production-drives-milk-prices-lower/

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