# High input costs temper strong milk prices | Capital Press

> Dairy farmers are expanding milk output despite higher feed costs, as Class III futures near $22 per hundredweight for the next 12 months. An economist warns that rising fertilizer, interest and other non-feed input costs could restrain farm profitability.

- Date: 2022-03-01 · published 2022-03-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/42419-high-input-costs-temper-strong-milk-prices-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher feed and input costs weigh on dairy margins, and farms that buy feed face more pressure than those growing their own. Firm milk prices sustain demand for feed grains.

## Read by commodity

- CORN: bullish ▲
- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-05-01 | [Milk prices on upswing](https://feedsoft.ai/events/59221-milk-prices-on-upswing.md) | +3.1% | +2.6% |
| MILK | 2026-07-21 | [Protein inflation surges as costlier fodder pushes up milk, chicken prices - The Economic Times](https://feedsoft.ai/events/18511-protein-inflation-surges-as-costlier-fodder-pushes-up-milk-chicken-prices-the.md) | +0.1% | +5.4% |
| MILK | 2017-02-11 | [Cheesier pizzas rescue dairy prices as Americans drink less milk - The Gazette](https://feedsoft.ai/events/72656-cheesier-pizzas-rescue-dairy-prices-as-americans-drink-less-milk-the-gazette.md) | +0.1% | -7.0% |
| MILK | 2019-04-18 | [Global prices could net $18.60 over the next decade](https://feedsoft.ai/events/59606-global-prices-could-net-18-60-over-the-next-decade.md) | +0.4% | +2.3% |
| MILK | 2018-08-27 | [3 factors will determine fate of milk prices for remainder of 2018](https://feedsoft.ai/events/63537-3-factors-will-determine-fate-of-milk-prices-for-remainder-of-2018.md) | +9.9% | +7.3% |
| CORN | 2022-01-19 | [High natural gas prices could lead to spike in food costs through fertilizer link \| S&P Global](https://feedsoft.ai/events/43069-high-natural-gas-prices-could-lead-to-spike-in-food-costs-through-fertilizer.md) | +2.1% | +6.9% |
| CORN | 2022-04-25 | [High fertilizer prices contribute to rising global food security concerns \| IFPRI](https://feedsoft.ai/events/41764-high-fertilizer-prices-contribute-to-rising-global-food-security-concerns-ifpri.md) | +0.4% | -2.0% |
| CORN | 2026-07-21 | [Protein inflation surges as costlier fodder pushes up milk, chicken prices - The Economic Times](https://feedsoft.ai/events/18511-protein-inflation-surges-as-costlier-fodder-pushes-up-milk-chicken-prices-the.md) | -0.2% | -1.4% |

## Sources

- capitalpress.com: https://capitalpress.com/2022/02/28/high-input-costs-temper-strong-milk-prices/

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