U.S. quarterly average prices for replacement dairy cows are feeling the pressure of declining milk prices, according to USDA’s monthly Ag Prices report.

U.S. quarterly replacement dairy cow prices averaged $1,990/head in January, down $130/head from October 2014. Prices remain $550 higher than a year ago, however.

January 2015 average prices ranged from a high of $2,200/head in Michigan to a low of $1,800 in California (see table).

Nearly all major dairy states recorded price declines compared to the pervious quarter, with largest declines in California, Minnesota and Arizona.

Only Michigan, Ohio, Illinois and Indiana saw prices increase slightly from the previous quarter.

Prices averaged $2,100/head or higher in Colorado, Florida, Illinois, Indiana, Kansas, Michigan, Texas and Wisconsin.

Only California, Minnesota and Utah saw average prices at $1,900/head or below.

Quarterly average replacement dairy cow prices, October 2014-January 2015 ($/head)

State

Jan. 2015

Oct. 2014

Change

Arizona

2,000

2,200

-200

California

1,800

2,200

-400

Colorado

2,100

2,260

-160

Florida

2,170

2,190

-20

Idaho

2,000

2,150

-150

Illinois

2,100

2,050

50

Indiana

2,100

2,050

50

Iowa

2,030

2,100

-70

Kansas

2,100

2,100

0

Michigan

2,200

2,100

100

Minnesota

1,870

2,070

-200

New Mexico

2,000

2,100

-100

New York

1,910

2,010

-100

Ohio

2,000

1,950

50

Oregon

2,000

2,100

-100

Pennsylvania

2,000

2,000

0

South Dakota

1,980

2,050

-70

Texas

2,100

2,100

0

Utah

1,900

2,000

-100

Vermont

1,980

2,030

-50

Virginia

2,060

2,100

-40

Washington

1,950

2,050

-100

Wisconsin

2,160

2,220

-60

U.S.

1,990

2,120

-130

Source: USDA NASS Ag Prices report, Jan. 30, 2015