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The National Milk Producers Federation said severe cost inflation and limited input availability are constraining milk production growth, which is keeping milk prices at record levels. Farm margins remain under pressure as feed and other input costs stay high.
Tight milk supply and high input costs support dairy prices, while constrained herd growth limits how much additional feed demand dairy will generate in the near term.
agupdate.comNational Milk Producers FederationAug 8, 2022After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% over 20.
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.
