DHM Markets/Marketers: Kentucky replacement sale

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Cheese holds; butter slides

Daily CME Cash Trading on Wednesday, May 14, 2014

 

 

 

Daily

 

Close

Change

 

($/lb.)

(¢/lb.)

Cheddar barrels

1.9600

n.c.

Cheddar blocks

1.9975

n.c.

NFDM Grade A

1.7800

n.c.

Butter Grade AA

2.1600

-1.50

 

NDPSR: Mostly lower

Weekly National Dairy Product Sales Report

Week ending May 10, 2014

 

 

 

 

Change from

 

Ave. price

previous week

 

($/lb.)

(¢/lb.)

Butter

1.99

+8.5

Cheddar blocks

2.21

-3.4

Cheddar barrels

2.23

-2.6

Dry whey

0.672

-0.3

NFDM

1.90

-4.9

 

Mammoth Cave Dairy Auction

Dairy replacement sales results from Smiths Grove, Ky., on May 13:

(Holsteins, supreme and approved, unless otherwise noted)

Springers: 2-3 years old, 5-8 months bred

Supreme: 1625-2250

Approved: 1450-1575

 

Fresh Milking Cows: 2-4 years old

Supreme: 1700-2000

 

Short Bred: 2-3 years old, 1-4 months bred

Supreme: Not tested

 

Open Heifers: (Supreme & Approved)

300-400 lbs. 385-575

400-500 lbs. 475-650

500-600 lbs. 550-900

600-700 lbs. 960-1125

 

Holstein Heifers Calves: Small 90-170; Medium and Large 200-360 per head.

 

Weekly ethanol production, corn use

Ethanol production data for the week ending May 9:

Ethanol production: 38.7 million gallons/day, a four-week high.

Corn used: 13.98 million bushels/day

DIstillers grains production: 91,734 metric tons/day

Source: Renewable Fuels Association

 

DDGS price down slightly

The average price for dried distillers grain with solubles (DDGS) declined slightly in April, according to a monthly report from USDA’s Ag Marketing Service. At $243.50/ton, the average price was down from $245.00/ton in March, but still the second-highest monthly average since March 2013.

The agency reports the average price paid in Central Illinois. The 2012-13 marketing year average was $255.89/ton. The current marketing year average (October 2013-April 2014) stands at $222.43/ton.



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