# Feed Costs Continue To Pressure Milk Dairy Margins - EDairy News English

> Feed costs are pressuring dairy margins as December corn broke above $6/bu for new crop and July corn reached $7.08 1/2, levels not seen since 2013. Soybean meal gained $2.90 to $424.40/ton, and November soybeans rose to $13.82 3/4/bu.

- Date: 2021-05-06 · published 2021-05-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47239-feed-costs-continue-to-pressure-milk-dairy-margins-edairy-news-english
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising corn and soybean meal prices raise feed rations' costs for dairy and livestock buyers and support grain and meal values, while milk prices have not kept pace.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Sources

- en.edairynews.com: https://en.edairynews.com/feed-costs-continue-to-pressure-milk-dairy-margins/

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