October FMMO Class III-IV prices lower

Federal order Class III & IV milk prices were lower in October, according to the monthly price announcement from USDA's Ag Marketing Service.

October 2014 prices, compared to previous month and year, include:

• Class III: $23.82/cwt., down 78¢ from September 2014, but $5.60 more than October 2013. The 2014 Y-T-D average is $22.83/cwt., up $5.02 from the January-October 2013 average of $17.81/cwt.

The September federal order Class III price is $2.88 more than the comparable California Class 4b price. Year-to-date, the Class III average is $2.26 higher than the California 4b average price.

• Class IV: $21.35/cwt., down $1.23 from September 2014, but $1.18 more than October 2013. The 2014 Y-T-D average is $23.01/cwt., up $4.36 from the January-October 2013 average of $18.66/cwt.

 

Federal, California order milk prices ($/cwt.) 

 

October

September

October

Y-T-D

Y-T-D

 

2014

2014

2013

2014

2013

Federal Order

 

 

 

 

 

Class III

23.82

24.60

18.22

22.83

17.81

Class IV

21.35

22.58

20.17

23.01

18.66

 

 

 

 

 

 

California Order

 

 

 

 

 

Class 4b

20.94

22.39

16.82

20.57

16.17

Class 4a

21.51

22.72

20.00

22.93

18.44

 

Weekly California NFDM Price

Week ending

Avg. price ($/ lb.)

7-day sales (lb.)

Oct. 31

1.4892

8,539,287

Oct. 24

1.4939

9,290,632

Oct. 17

1.5034

9,093,789

Oct. 10

1.4987

6,490,122

Oct. 3

1.6060

7,619,916

Source: CDFA

 

 

 

Weekly National Dairy Product Sales Report

Week ending Nov. 1, 2014

 

 

 

 

Change from

 

Ave. price

previous week

 

($/lb.)

(¢/lb.)

Butter

1.99

-20.6

Cheddar blocks

2.24

1.3

Cheddar barrels

2.13

-4.3

Dry whey

0.642

0.3

NFDM

1.46

-3.4

Source: USDA Ag Marketing Service

 

 

Weekly ethanol production, corn use

Ethanol production data for the week ending Oct. 31:

Ethanol production: 39.0 million gallons/day. The four-week average for ethanol production calculates to an annualized rate of 14.0 billion gallons.

Corn used: 14.09 million bushels/day

DIstillers grains production: 91,805 metric tons/day

Source: Renewable Fuels Association

 

New Holland Sales Stables

Dairy replacement sales results from New Holland, Pa. on Nov. 5. Compared to last week, dairy cows cows sold mostly steady on a very light test; demand was very good. Bred heifers sold mostly steady to $100 lower; demand was moderate. Wednesday's supply included 45 fresh milking cows, 4 springing cows, 3 short-bred cows, 29 springing heifers, 36 short-bred heifers, 61 open heifers and 11 bulls. All sales on a per-head basis, Holsteins unless otherwise noted.

 

Fresh cows

Supreme: 3100-3400

Approved: 2500-2900

Medium: 1900-2400 

Common: 1200-1750 

 

Springing cows (7-9 months)

Supreme: 2100-2400

Approved: 1900-2000 

 

Bred cows: (4-6 months)

Approved: 1500-1550 

 

Short-bred cows: (1-3 months)

Approved: 1650-1750

Medium: 1350-1450 

 

Springing heifers (7-9 months)

Supreme: 2175-2500

Approved: 1700-2150

Medium: 1500-1600 

 

Bred heifers (4-6 months)      

Supreme: 1950-2200

Approved: 1600-1950

Medium: 1200-1300 

 

Short bred heifers (1-3 months)

Supreme: 2000  Few

Approved: 1350-1450

Medium: 1175-1350 

 

Open Heifers

Approved

300-600 lbs 525-575

600-900 lbs 1175-1200

900-1200 lbs 1375-1500 

 

Medium

300-600 lbs 400-450

600-900 lbs 875-1010 

900-1200 lbs 1200-1350

1200-1500 lbs 1275-1350 

 

Common

300-600 lbs 375-400

600-900 lbs 600-850

900-1200 lbs 825-875