News

The year-to-year comparison shows a major drop in milk prices in the US

United States
Published Mar 5, 2021

Tridge summary

Milk prices continued their slide in January. In Wisconsin the all milk price for the month was $17.50 a hundred—60 cents less than December and $1.90 lower than last January.

Original content

The national all milk price also came in at $17.50 for the month as 23 of the top 24 milk producing states all had lower prices in January with Florida having the biggest drop in price—down $4 a hundred. New Mexico had the lowest price in January–$15.20. Prices for other commodities produced by Wisconsin farmers were mixed in January. The corn price was up to $4.12 a bushel—32 cents higher than in December and 46 cents more than last January. Soybeans brought $10.60 a bushel—up a half dollar from December and $1.97 more than a year ago. The January oat price was $4.07 a bushel–$1.29 more than December and $1.10 more than January, 2020. But hay prices were down as the all hay price was $153 a ton in January—down $14 from the end of last year and $33 less than last January. Alfalfa hay brought $161 a ton –$17 less than December and $30 less than last January. Last week’s USDA Outlook Conference dealt with more than the size and prices of commodities. USDA economists also expect food ...
Source: eDairyNews
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