January fluid sales down
January 2014 packaged fluid milk sales totaled 4.54 billion lbs., down 0.5% from January 2013.
January sales of conventional products, at 4.34 billion lbs., were down 1.1%; organic products, at 197 million lbs., were up 13.5%. Organic represented about 4.3% of total sales for the month.
Source: Dairy Market News
Cattle on feed down 1%
Cattle and calves on feed for slaughter market in U.S. feedlots with capacity of 1,000 or more head totaled 10.8 million head on March 1, 1% less than a year earlier. February placements totaled 1.65 million head (1.58 million net), up 15% from a year earlier. February fed cattle marketings totaled 1.55 million, down 3%.
Cold storage inventories
Feb. 28 butter stocks totaled 163.67 million lbs., up 20% from Jan. 31, but 31% less than February 2013, according to USDA’s Cold Storage report, released March 21. Total natural cheese stocks, at 1.01 billion lbs., were unchanged from January, but down 6% from February 2013. American cheese, at 628.1 million lbs., was unchanged from January, but 5% less than a year earlier.
Next ‘Protecting Your Profits’ LGM-Dairy conference call is March 26
Pennsylvania's Center for Dairy Excellence will host the next “Protecting Your Profits” conference call on Wednesday, March 26, 12-12:15 p.m. Alan Zepp, risk management program manager, will provide a quick review of dairy markets and margins. The call will include a brief review of risk management opportunities available and a review of the new farm bill margin protection program.
Anyone can participate in the free monthly conference call series, but pre-registration is required. To register, call the center at 717-346-0849 with name, phone number, and e-mail address. Once registered, participants will receive the call-in number and information.
In addition to participating live, calls are hosted in a webinar format and recorded, available for later viewing. Past Protecting Your Profits calls can be accessed at www.centerfordairyexcellence under “Dairy Information.”
For more details about the monthly conference call learning series, contact the Center for Dairy Excellence at 717-346-0849 or by e-mail at firstname.lastname@example.org.
Dairy replacement sales results from New Holland, Pa. on March 19:
Compared to last week, dairy cows sold mostly 100.00-
200.00 higher. Demand was very good. Heifers traded mostly
weak on a light test. Demand was good. Prices are for Holsteins on a per head basis.