# This Week In Dairy 05-13-2022 - Total Farm Marketing by Stewart-Peterson

> Class III milk futures fell for a fourth straight week to $23.83, pressured by a stronger dollar, a weaker soybean meal market and rising cow numbers. Whey prices are near 2021 lows and butter rose 6.5 cents to $2.7050 per pound.

- Date: 2022-05-13 · published 2022-05-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41568-this-week-in-dairy-05-13-2022-total-farm-marketing-by-stewart-peterson
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Heavy dairy inventories and a firmer dollar weigh on milk and whey values, which lowers the price of dairy byproduct feeds.

## Read by commodity

- DXY: bullish ▲
- SBM: bearish ▼
- MILK: bearish ▼

## Sources

- totalfarmmarketing.com: https://www.totalfarmmarketing.com/this-week-in-dairy-05-13-2022/

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