February MILC Payment will be $1.51/cwt
Fri, 03 Apr 2009 21:37:00 GMT
With the release of the final feed price estimates for February in March’s Agricultural Prices Report, the MILC payment for February will be $1.5132/cwt.
California March 4b Price is $10.45
Fri, 03 Apr 2009 20:34:00 GMT
The CA March 4b milk price is $10.45 . This represents a $0.34 increase over the Feb. value and a $6.54 decrease from March 2008.
Total Feb. Cheese Production Estimated to be 768.5 Mil. Lbs
Fri, 03 Apr 2009 20:08:00 GMT
The Feb. 2009 Total Cheese Production was estimated to be 768.5 million lbs. On a 30 day basis, this represents a 1.4% increase over the Feb. 2008 production level. To download the full Dairy Products Report click here.
March Announced Class III Price is $10.44
Fri, 03 Apr 2009 13:56:00 GMT
The Announced Class III price was announced this morning to be $10.44. This represents a $1.13 increase from February’s level but a $7.56 decline from the March 2008 value of $18.00.
Foremost Farms Sells Milk Bottling Plants to Dean Foods
Fri, 03 Apr 2009 13:46:00 GMT
Foremost Farms USA, one of the largest dairy cooperatives in the nation, has sold its Golden Guernsey and Morning Glory milk bottling plants in Waukesha and De Pere to Dean Foods Co. (DF), a Dallas-based food and beverage distributor.
The plants, employing 282 people, will continue operating and buying milk from area dairy farmers, according to Foremost Farms.
The sale includes the Golden Guernsey and Morning Glory brands. It also means that Foremost Farms will focus exclusively on its wholesale dairy products business and will no longer be a retailer.
For more detail click here.
Wisconsin Dairy Plant Investment Survey Released
Fri, 03 Apr 2009 13:27:00 GMT
Results from a survey of Wisconsin’s dairy plants were undertaken by the National Agricultural Statistical Service to determine owner’s expectations as to future investment and production levels. A summary of the survey results can be obtained by clicking here.
March LGM-Dairy Premium Data Added to Historical Premium Calculator Software System
Fri, 03 Apr 2009 13:23:00 GMT
The official March LGM-Dairy premium data has been added to our software system used to evaluate LGM-Dairy premiums. This software system can be accessed by clicking here.
A Web-Based Livestock Gross Margin for Dairy Premium Cacluator is Available
Fri, 03 Apr 2009 12:35:00 GMT
The University of Wisconsin has developed a web-based premium calculator to estimate LGM-Dairy premiums for upcoming LGM insurance contracts. This premium calculator can be found by clicking here. For an overview of the LGM-Dairy insurance program refer to the LGM-Dairy section of this website.
CWT Announces a New Herd Retirement Program
Fri, 03 Apr 2009 12:28:00 GMT
Cooperatives Working Together announced Wednesday that it will conduct its latest herd retirement round. Bids are being accepted starting yesterday, April 2nd through Friday, May 1st. For more detail click here.
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