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Class III and Class IV milk prices continued downward trends that began in 2022 at the start of 2023. Analysts expect a larger, more efficient herd, stronger international supply and high input costs to pressure margins in 2023 compared with 2022.
Lower milk prices with high input costs squeeze dairy producer margins and reduce demand for dairy-related feed ingredients. The outlook points to continued softness in milk prices.
centerfordairyexcellence.orgJan 6, 2023Not enough comparable past events yet for a historical read.
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.
