USDA reported this afternoon that the U.S. all-milk price for December came in at $16.30/cwt, up $1 from November and 50¢ higher than a year ago.
California milk prices still lag the national average, with the California all-milk price $15.40 for December. But that's up $1.46 from November. Of the 23 major dairy states, Arizona is reporting the lowest all-milk price in December at $15.20.
Florida has the highest all-milk price in December at $19.40/cwt. Wisconsin producers saw better than national average prices in December, with their all-milk price coming in at $16.60, up 90¢ from November.
Corn prices were down slightly in December, at $3.59/bu. Soybeans climbed back to nearly $10, up 43¢/bu from November. Alfalfa hay remained unchanged at $110/ton.
The milk-feed price ratio also improved slightly in December, climbing to 2.38. That up from November 2.23 ration and a dismal 1.92 in December 2008.