Jul 10, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin

CWT Announces 10th Herd Retirement

May 27, 2010

Bids to Remove Cows Being Accepted May 28 through June 25


After reviewing a number of economic benchmarks including cull rates and cull cow prices, Cooperatives Working Together (CWT) announced Thursday that it will conduct a herd retirement. 


Bids will be accepted starting Friday, May 28 with a cutoff date of Friday, June 25.


"It is our belief that a herd retirement at this time will add to the positive momentum already building and should result in speeding up the milk price recovery already in progress,” said Jerry Kozak, president and CEO of NMPF, which manages CWT.


This is the 10th herd retirement since CWT began operations in the summer of 2003. The most recent was conducted in the fall of 2009.


"With beef prices very strong, and replacement cow and springer prices still relatively low, CWT has determined that it will consider bids up to, but not to exceed, $3.75/cwt.,” noted Kozak.  "However, there is no guarantee that a producer who bids at the maximum level will be selected.” 


Previous 1 2 3 Next

See Comments

Log In or Sign Up to comment


No comments have been posted



Receive the latest news, information and commentary customized for you. Sign up to receive the AgWeb Daily eNewsletter today!.

Enter Zip Code below to view live local results:
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions