Outlook | Market Outlook

Dairy: The all-milk price in May 2022 was $27.30 per hundredweight (cwt), $0.20 higher than April and $8.20 higher than May 2021.

See the latest Livestock, Dairy, and Poultry Outlook report.

Summary

Dairy: The all-milk price in May 2022 was $27.30 per hundredweight (cwt), $0.20 higher than April and $8.20 higher than May 2021. The all-milk price forecast for 2022 and has been lowered to $26.15 per cwt (-5 cents), but the 2023 forecast has been raised to $24.15 per cwt (+35 cents). The milk production forecasts for 2022 and 2023 have been decreased as lower expected yield per cow more than offsets steady expected milk cow numbers. Due to higher prices, which should be reflected at retail level, the domestic use for dairy products was adjusted lower for 2022 and 2023.

Embed this chart

Download larger size chart (2040 pixels by 1632, 96 dpi)

Look also

What mass deportations could mean for Idaho’s dairy industry

It’s no secret that agriculture is one of Idaho’s biggest economic drivers, as it’s worth billions of dollars.

You may be interested in

Join the Dairy Revolution: Wisconsin’s $52.8 Billion Boom

What mass deportations could mean for Idaho’s dairy industry

Thanksgiving Dinner Costs Are Down Again

Topics |
Outlook

Legal notice about Intellectual Property in digital contents. All information contained in these pages that is NOT owned by eDairy News and is NOT considered “public domain” by legal regulations, are registered trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the rules contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable rules. Any claim arising from the information contained in the eDairy News website shall be subject to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentina, with seat in the City of Córdoba, excluding any other jurisdiction, including the Federal.