DHM Markets/Marketers: Dairy replacement auctions; products

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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.

 

New Holland Sales Stables

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

Open Heifers:

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      

Open Heifers:

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

 

Toppenish, Wash.

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

Open Heifers:

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.

https://www.farmcrediteast.com/en/News-and-Events/News/20140310DairyWebinar.aspx



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