# Milk Price Has Still Not Reached Peak Level - EDairy News English

> Rabobank analyst Richard Scheper expects milk prices to stay firm through the first quarter of 2022, with the peak possibly in Q1 or later. Global dairy production fell to a level not seen since 2014, and strong Chinese import demand has supported prices. High feed costs in Europe and the US have limited farmer output growth.

- Date: 2022-01-05 · published 2022-01-05T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/4071-milk-price-has-still-not-reached-peak-level-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tight global dairy supply and high feed costs keep milk prices elevated and constrain herd expansion, which supports continued strong dairy feed demand.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2022-01-05 | 5 | +12.2% | 4.2 | Rabobank's view that milk prices stay firm with global production at 2014 lows and strong Chinese import demand supported bullish sentiment. |
| MILK | 2022-01-05 | 1 | +12.2% | 24.2 | Rabobank view of global production at multi-year lows and strong Chinese import demand supports bullish sentiment and supply tightness. |

## Sources

- en.edairynews.com: https://en.edairynews.com/milk-price-has-still-not-reached-peak-level/

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