National Dairy Products Sales Report weekly highlights
USDA’s weekly National Dairy Products Sales Report indicated Grade AA butter prices averaged $1.82/lb. for the week ending March 8, up 1.6¢ from the previous week. U.S. 40-lb. block cheddar cheese averaged $2.19/lb., down 4.3¢ from the previous week. The price for 500-lb. cheddar barrels, adjusted to 38% moisture, averaged $2.21/lb., up 0.8¢.
USDA Extra Grade dry whey averaged 64.8¢/lb., up 0.5¢. USDA Extra Grade nonfat dry milk averaged $2.10/lb., up 1.8¢ from the previous week.
Weekly ethanol production, corn use
Ethanol production data for the week ending March 7:
Ethanol production: 36.5 million gallons/day, the lowest level in 8 weeks
Corn used: 13.18 million bushels/day
DIstillers grains production: 86,461 metric tons/day
Source: Renewable Fuels Association
California NFDM prices
The weekly nonfat dry milk powder report has been posted to the California Department of Food & Agriculture Dairy Marketing Branch website.
For the week ending Feb. 28, the average price was $2.0268/lb. on total sales of 7.78 million lbs.
For the week ending March 7, the average price was $2.0594/lb. on total sales of 8.54 million lbs.
Dairy replacement sales results from New Holland, Pa. on March 12:
Compared to last week, dairy cows sold mostly steady
to 200.00 higher. Demand was good. Heifers traded mostly
steady to 100.00 higher compared to last week. Demand was
good. Heifer quality overall was very good. Prices are for Holsteins on a per head basis.
Fresh Cows: $2000-$2700
Bred Cows (1-3 months): $1450-$2200
Bred cows (4-6 mos.): $1400-$1450
Springing Cows: (7-9 months): $1500-1850
Springing Heifers: (7-9 months): $1650-$2250
Bred Heifers: (4-6 months): $1500-$1925
Short Bred Heifers: (1-3 months): $1425-$1650
300-600 lbs: $550-$585
600-900 lbs: $775-$925
900-1200 lbs: $1000-$1285
1200-1500 lbs.: $1425-$1725
Mammoth Cave Dairy Auction
Dairy replacement sales results from Smiths Grove, Ky., on Mar. 11:
(Holsteins (supreme and approved, unless otherwise noted:
Springers (2-3 years old, 5-8 months bred): $1550-$1525
Short Bred (2-3 years old, 1-4 months bred): not tested
Fresh cows (2-4 years old): $1400-$1450
200-300 lbs.: $340-$390
300-400 lbs.: $460-530
400-500 lbs.: $530-$650
500-600 lbs.: $750
Holstein heifers calves (small): 80-115 per head
(Medium and large): 150-240 per head
Dairy replacement sales results from Toppenish, Wash, on Mar. 7:
A higher undertone was noted. Trade active with good demand.:
Fresh Cows: $1300-$2205
Bred Cows (1-3 months): $1500-$1625
Bred Cows (4-6 mos.): $1600-$1725
Springing Heifers: (7-9 months): $1500-$2000
500-700 lbs: $136-$143/cwt.
784-886 lbs: $115-$122/cwt.
1063-1240 lbs.: $96-$111/cwt.
Northeast webinar to address dairy policy changes
Northeast dairy producers are invited to participate in a webinar covering the dairy provisions of the Agriculture Act of 2014. This webinar will be hosted by Farm Credit East on Friday, March 14, 1 p.m. Participation is free.
The new farm bill replaces the old MILC program with a new Margin Protection Plan. The new program is not complex, but there will be annual decisions that producers must make which will impact their net income. In this webinar, Mark Stephenson, of the University of Wisconsin, will describe what we know about the program and what implementation rules the Farm Service Agency still needs to decide.