Sep 20, 2014
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July’s Preliminary All-Milk Price Rises to $23.40

August 1, 2014
By: Catherine Merlo, Dairy Today Western and Online Editor google + 
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U.S. dairy producers received an average $4.30 per cwt. more for their milk in July than a year ago.  

The cull cow price reached a new record high of $113 per cwt.

The preliminary July 2014 All-Milk price received by U.S. dairy producers rose to $23.40 per cwt., USDA said Thursday in its latest Agricultural Prices report

That’s up 20 cents from last month and $4.30 higher than July 2013. The July index for dairy products, at 116, increased 0.9% percent from June 2014 and is 22% higher than July 2013.

States receiving the highest prices for all milk were:
1. Florida - $27.90 per cwt.
2. Virginia - $26.20
3. (tie) Pennsylvania and Vermont - $25.10
4. Oregon - $24.90
5. New York - $24.70

USDA   prices received for milk 7 31 14Nationwide, prices received for milk cows climbed to $1,970 per head, up from $1,810 in April. Colorado and Arizona saw the highest prices for milk cows, each averaging $2,000 per head this month. The cull cow price reached a new record high of $113 per cwt., up $7 from June and up $31.70 from the previous year.

Across the board, prices are higher for cattle, milk, hogs, broilers, calves, eggs, and turkeys, compared with a year ago, USDA said. Producers received lower prices for corn, soybeans, broilers, and wheat.

USDA prices received for corn 7 31 14The corn price, at $3.80 per bu., is down 69 cents from last month and $2.99 below July 2013. Sorghum grain, at $7.16, is 37 cents below June and $2.47 lower than July 2013. The soybean price, at 12.70 per bu., fell $1.70 from June and $2.60 below year-ago levels.

USDA reported the average alfalfa hay price received by farmers nationwide reached $216 per ton, down from June’s $222, but up from $209 in July 2013.

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RELATED TOPICS: Dairy, Livestock, Milk, USDA, Feed Prices

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