# What Do Recent Falling Feed Prices Mean For Dairy Producers? - EDairy News English

> Feed prices dropped sharply, with September corn closing below $6/bu, August soybeans down 70.5 cents to $14.39, and August soybean meal falling to $410/ton. Analysts described these as the best feed prices since last fall, and the decline followed a 4.1% drop in the global dairy trade auction index.

- Date: 2022-07-07 · published 2022-07-07T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/8551-what-do-recent-falling-feed-prices-mean-for-dairy-producers-edairy-news-english
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower corn, soybean and soybean meal prices reduce feed costs for dairies, while a strong dollar and inflation fears weigh on export demand and milk prices. Buyers may use the dip to cover future feed needs.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-10-31 | [What Does A Central Bank Pivot Mean For Commodity Prices? \| FXEmpire](https://feedsoft.ai/events/39038-what-does-a-central-bank-pivot-mean-for-commodity-prices-fxempire.md) | -2.2% | -3.8% |
| CORN | 2022-07-04 | [Global Dairy Commodity Update July 2022 - EDairy News English](https://feedsoft.ai/events/8553-global-dairy-commodity-update-july-2022-edairy-news-english.md) | +5.1% | -14.3% |
| CORN | 2026-07-02 | [Margins hold tight despite falling prices](https://feedsoft.ai/events/8576-margins-hold-tight-despite-falling-prices.md) | +0.8% | +3.2% |
| CORN | 2022-09-26 | [Commodity prices down last week amid hawkish monetary policies, recession fears](https://feedsoft.ai/events/11907-commodity-prices-down-last-week-amid-hawkish-monetary-policies-recession-fears.md) | -1.4% | +2.6% |
| CORN | 2019-05-03 | [U.S. dollar rises versus peers as FX traders reduce their bets on rate cuts, sterling falls as Bank of England keeps base rate unchanged, but voices fears over Brexit. \| Forex Trading Blog: News, Analysis & Trading Guides \| FXCC](https://feedsoft.ai/events/59330-u-s-dollar-rises-versus-peers-as-fx-traders-reduce-their-bets-on-rate-cuts.md) | -2.7% | +12.1% |
| SOY | 2022-10-31 | [What Does A Central Bank Pivot Mean For Commodity Prices? \| FXEmpire](https://feedsoft.ai/events/39038-what-does-a-central-bank-pivot-mean-for-commodity-prices-fxempire.md) | +4.6% | +5.0% |
| SOY | 2022-07-04 | [Global Dairy Commodity Update July 2022 - EDairy News English](https://feedsoft.ai/events/8553-global-dairy-commodity-update-july-2022-edairy-news-english.md) | +0.9% | -2.0% |
| SOY | 2020-09-30 | [Prices for vegetable oil are falling after oil quotations](https://feedsoft.ai/events/51197-prices-for-vegetable-oil-are-falling-after-oil-quotations.md) | +5.1% | +9.0% |

## Sources

- en.edairynews.com: https://en.edairynews.com/what-do-recent-falling-feed-prices-mean-for-dairy-producers/

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