Colombia’s average farmgate milk price reached 2,004 pesos per litre in August 2026, up 1.1% from July and 7% year over year. Dry conditions in some areas restricted forage growth, prompting farmers to supplement cattle feed, while local milk availability and dairy demand also contributed to price increases.
Drought-related forage constraints can increase demand for purchased feed and raise dairy producers’ costs, while tighter local milk availability supports farmgate prices. This is a meaningful local signal for livestock-feed demand, but it does not identify a specific feed ingredient or quantify its price effect.
After 32 past bullish weather events, Milk (Class III) moved a median +0.1% over 5 sessions (50% higher; middle half -0.7% to +3.4%), 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.