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American Farm Bureau Chief Economist Roger Cryan says higher projected milk prices will be partly offset by rising costs, including fertilizer, labor and logistics. He points to shifted pandemic-era demand that has strained manufacturing and transport.
Higher input and logistics costs offset firmer milk prices, which may limit dairy producers' feed buying power and margins.
nobisagri.comFeb 15, 2022After 15 past neutral macro events, Milk (Class III) moved a median -0.2% over 5 sessions (27% higher; middle half -2.1% to +0.1%), and -3.2% 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.
