Feed costs likely to weigh on milk prices for a while

Feed costs likely to weigh on milk prices for a while

A dairy economist says milk prices are still declining from 2022’s record highs.

Speaking to Brownfield during the Great Lakes Regional Dairy Conference, Sarina Sharp with the Daily Dairy Report says…

“It’s easy to fall from $25, things have softened.”  “There’s still historically high milk prices, but when feed costs are high, they don’t feel adequate,” Sharp explains.

She says while feed costs have declined from last year’s peak, they remain at very high levels with forage shortages out West affecting many farmers.