September Milk-Feed Price Ratio Increases to 3.21

Posted by Brian Gould Thu, 27 Sep 2007 20:41:00 GMT

The September Milk-Feed Price Ratio is 3.21, an increase from 2.61 a year ago.   The Sept. All-Milk Price hit a record-high $21.80.   The corn price dropped 7¢/bu. to $3.19 and alfalfa hay dropped $2.00/ton to $135.00.   This was countered by the rising price of soybeans which increased 62¢/bu. to $8.34.