Holstein springing heifer prices faltered slightly at year-end auction sites, based on light trade and inclement weather through much of the country. Outlook for replacement heifer demand and value is mixed heading into 2023. On one hand, the size of the national replacement dairy heifer herd has eroded steadily in the past few years. According to USDA’s United States and Canadian Cattle report released earlier this year, there were 4.2 million dairy heifers in the U.S. in 2018, versus just 3.75 million head in 2022 – a 5-year differential of more than 10%. Fewer heifers should translate to higher values, but only with adequate demand. Whether or not herds will seek heifers to expand in 2023 remains a question mark, as milk prices for the new year are forecast to be slightly lower year-over-year.
Location (Sale date) | Springing Heifers Supreme/Top | Springing Heifers Approved/ Medium | Heifer Calves 90 - 120 lbs. |
Turlock, Calif. 12-9-22 | $1,500 - $2,000 | $1,100 - $1,400 | - |
Lomira, Wis. 12-30-22 | $1,300 - $1,800 | $900 - $1,200 | $30-60 |
Jerome, Idaho 3-9-22 | $1,490 - $1,675 | $1,275 - 1,490 | $30 - $110 |
New Holland, Pa. 12-28-22 | $1,375 - $1,750 | $1,000 - $1,375 | $30 - $55 |
