Check out the latest market report for the week of April 16, 2024.
Weekly market report for the week of April 16, 2024. Data compiled from state and national market sources.
Cattle
Altoona Equity Market: Apr. 11, 2024
FED CATTLE:
Choice Beef Steers & Heifers: 150.00 to 180.00.
Choice Dairy X-bred Steers & Heifers: 150.00 to 179.00.
High Yielding Choice Holstein Steers: 160.00 to 175.00.
Choice Holstein Steers: 150.00 to 164.00.
Select, Unfinished & Heavyweight Steers & Heifers: 149.00 & down.
CULL COWS:
Higher 20% sold for: 118.00 to 133.00.
60% sold for: 100.00 to 119.00.
Lower 20% sold for: 99.00 & down.
CULL BULLS:
Most Bulls: 115.00 to 152.00.
CALVES: Sold by the head.
80% of Holstein Bull Calves 95 lbs. & up: 375.00 to 600.00.
Quality Holstein Heifer Calves: 350.00 & down.
Quality Beef Calves: 550.00 to 940.00.
Light & Poor Quality Calves: 375.00 & down
Bonduel Equity Market: Apr. 15, 2024
FED CATTLE: Trending higher
High Yielding Choice Beef 165.00 to 175.00.
High Yielding Choice Holstein Steers: 140.00 to 168.00.
Choice Holstein Steers: 100.00 to 140.00.
Unfinished Steers & Heifers: 99.00 & down.
CULL COWS: Trending higher
Higher 20% sold for: 120.00 to 158.00.
60% sold for: 90.00 to 120.00.
Lower 20% sold for: 90.00 & down.
CULL BULLS: Steady
Most Bulls: 120.00 to 140.00.
Thin, Full Bulls, over a ton discounted: 120.00 & down.
CALVES: Sold by the pound. Steady
Holstein Bull Calves: 300.00 to 650.00.
Quality Holstein Heifer Calves: 200.00 & down.
Quality Beef Calves: 300.00 to 805.00.
Light & Poor Quality Calves: 100.00 & down, heavy discounts on light and poor quality.
FEEDER CATTLE: As of 04/12/24 sale.
Beef steers under 400 lbs: 242.00-290.00.
Beef steers 400-600 lbs: 265.00-305.00.
Beef steers 600-800 lbs: 245.00-275.00.
Beef steers over 800 lbs: 176.00-198.00.
Beef heifers under 400 lbs: 262.50-285.50.
Beef heifers 400-600 lbs: 246.00-282.00.
Beef heifers 600-800 lbs: 220.00-232.00.
Beef heifers over 800 lbs: 170.00-195.00.
Holstein steers up to 400 lbs: Up to 215.00.
Holstein steers 400-600 lbs: 175.00-210.00.
Holstein steers 600-800 lbs: 160.00-215.00.
Holstein steers over 800 lbs: 140.00-160.00.
Johnson Creek Equity Market: Apr. 04, 2024
FED CATTLE: Steady
High Yielding Choice Beef Steers & Heifers: 150.00 to 184.00.
Choice Beef Steers & Heifers: 130.00 to 155.00.
High Yielding Choice Holstein Steers: 160.00 to 182.00.
Choice Holstein Steers: 130.00 to 152.00.
Select & Unfinished Cattle: 120.00 & down.
CULL COWS: Steady
20% sold for: 100.00 to 119.00.
60% sold for: 85.00 to 100.00.
Lower 20% sold for: 85.00 & down.
CULL BULLS: Steady
Most Bulls: 110.00 to 125.00.
Thin & Full Bulls, discounted: 90.00 & down.
CALVES, sold by the pound: Steady
60% of Holstein Bull Calves: 220.00 to 580.00.
Quality Dairy Heifer Calves: 80.00 to 140.00.
Quality Beef Calves: 600.00 to 800.00.
Light & Poor Quality Calves: 150.00 & down.
Lomira Equity Market: Apr. 15, 2024
FED CATTLE:
High Yielding Choice & Prime Beef Steers & Heifers: 176.00 to 182.00.
Choice Beef Steers & Heifers: 164.00 to 175.00.
Select, Low Yielding & Underfinished Beef Steers & Heifers: 159.00 & down.
X-bred Steers & Heifers: 164.00 to 180.00.
High Yielding Choice & Prime Holstein Steers: 166.00 to 170.00.
Choice Holstein Steers & Heifers: 158.00 to 165.00.
Low Yielding, Select & Underfinished Holstein Steers & Heifers: 100.00-154.00.
MARKET COWS:
High Yielding Cows: 119.00 to 130.00.
Cutters & Utility: 82.00 to 117.00.
Canners & Shells: 40.00 to 80.00
MARKET BULLS: Steady
High Yielding Bulls: 125.00 to 150.00.
Thin, Light & Over-Conditioned Bulls: 120.00 & down.
CALVES (04/09/24 Auction): Sold by the pound.
Quality Holstein Bull Calves weighing 90-110 lbs: 480.00 to 670.00.
Light Weight Calves: 250.00 to 470.00.
Quality Holstein Heifer Calves: 250.00-350.00.
Quality Beef and X-bred Bulls & Heifer Calves: Heifers 620.00-885.00; Bulls 700.00-1000.00.
Poor Quality Calves: 200.00 & down
Monroe Equity Market: Apr. 15, 2024
FED CATTLE: Steady/Lower
High Yielding Choice Beef Steers & Heifers: 182.00-190.50.
Choice Beef Steers & Heifers: 170.00-181.50.
Choice Dairy X-bred Steers & Heifers: 150.00-184.00.
High Yielding Choice Holstein Steers & Heifers: 163.50-170.50.
Choice Holstein Steers & Heifers: 150.00-163.00.
Unfinished Steers & Heifers: 149.00 and down.
Wednesday 04/10/24 Sale:
High Yielding Choice Beef Steers & Heifers: No test.
Choice Holstein Steers & Heifers: No test.
Unfinished Steers & Heifers: 150.00 and down.
CULL COWS: Steady
High Yielding Cows: 122.00 to 142.50.
Cutters & Utility: 91.00 to 121.50.
Canners & Shells: 93.50 & down.
SLAUGHTER BULLS: Steady/Lower
High Yielding Bulls: 120.00 to 150.00.
Thin, Light and Overconditioned Bulls: 119.50 & down.
CALVES:Sold by the pound. Steady/Lower
Quality Holstein Bull Calves: 400.00 to 620.00.
Light & Poor Quality Calves: 395.00 & down.
Quality Holstein Heifer Calves: 400.00 & down.
Quality Beef & Beef X-bred Calves: bulls 990.00 & down; heifers 920.00 & down.
Reedsville Equity Market: Apr. 11, 2024
FED CATTLE: Steady
High Yielding Choice Beef Steers & Heifers: 168.00 to 180.00.
Choice Beef Steers & Heifers: 158.00 to 167.00.
High Yielding Choice Holstein Steers: 160.00 to 170.00.
Choice Holstein Steers: 148.00 to 159.00.
Unfinished Steers & Heifers: 147.00 & down.
CULL COWS: Steady
Higher 20% sold for: 118.00 to 134.50.
60% sold for: 95.00 to 117.00.
Lower 20% sold for: 94.00 & down.
CULL BULLS: Steady
Most Bulls: 110.00-148.00.
CALVES: Steady
Quality Holstein Bull Calves: Up to 660.00.
Quality Holstein Heifer Calves: Up to 350.00.
Quality Beef Calves: Up to 720.00.
Light & Poor Quality Calves: 150.00 & down.
FEEDER CATTLE: Results 04/11/2024
Holstein steers under 400 lbs: 150.00 to 220.00.
Holstein steers 400 to 600 lbs: 150.00 to 220.00.
Holstein steers 600 to 800 lbs: 150.00 to 210.00.
Holstein steers over 800 lbs: 120.00 to 180.00.
Stratford Equity Market: Apr. 16, 2024
FED CATTLE:
High Yielding Choice & Prime Beef Steers & Heifers: 170.00-180.00.
Choice Beef Steers & Heifers: 155.00 to 169.00.
High Yielding Choice & Prime Holstein Steers & Heifers: 165.00-176.00.
Select & Choice Holstein Steers & Heifers: 145.00 to 164.00.
Unfinished Steers & Heifers: 145.00 and down.
CULL COWS:
Higher 20% sold for: 115.00 to 126.00.
60% sold for: 90.00 to 114.00.
Lower 20% sold for: 90.00 & down.
Good certified organic cows (for slaughter): 155.00-174.00.
CULL BULLS:
Most Bulls: 135.00 to 152.00.
Thin, Full, Horned Bulls discounted: 135.00 & down.
CALVES, sold by the head:
Good to Top Quality Holstein Bull Calves: 400.00-640.00.
Top Quality Holstein Heifer Calves: 200.00 to 360.00.
Plain Quality Holstein Heifer Calves: 200.00 & down.
Quality Beef Calves: 700.00 to 980.00.
Light & Poor Quality Calves: 300.00 & down.
FEEDER CATTLE:
Beef Steers: Under 400 lbs: 250.00-290.00; 400 to 600 lbs: 250.00-285.00; 600 to 800 lbs: 200.00-263.00; Over 800 lbs: 170.00-220.00.
Beef Heifers: Under 400 lbs: 225.00-300.00; 400 to 600 lbs: 220.00-275.00; 600 to 800 lbs: 200.00-240.00; Over 800 lbs: 170.00-200.00.
Holstein Steers: Under 400 lbs: 190.00-215.00; 400 to 600 lbs: 180.00-212.00; 600 to 800 lbs: 170.00-212.00; Over 800 lbs: 160.00-210.00.
Milwaukee Stockyards: Apr. 15, 2024
COWS:
No Roll Cows: 115.00 to 130.00.
High Yielding Cutters & Utility: 90.00 to 115.00.
Cutters: 75.00 to 90.00.
Canners & Shells: 65.00 & down.
HOLSTEIN STEERS:
High Choice & Prime Holstein Steers, 1400-1600 lbs: 167.00 to 171.00.
Choice Holstein Steers: 160.00 to 166.00.
Select Steers: 130.00 to 140.00.
Unfinished Holstein Steers: 125.00 & down.
BEEF CATTLE:
Choice & Prime Angus Beef 1250-1600 lbs: 175.00 to 180.00.
Select Beef Steers & Heifers: 130.00 & down.
BULLS:
Premium Beef Bulls 1600-2000 lbs: 135.00 to 145.00.
Common to Good Bulls: 120.00 to 135.00.
REPLACEMENT CALVES:
Premium Bulls 100-120 lbs: 400.00 to 585.00.
Common to Good Bulls 80-100 lbs: 200.00 to 400.00.
Beef Bull Calves: 600.00 to 975.00.
Beef Heifer Calves: 500.00 to 925.00.
Dairy Heifer Calves: 100.00 to 300.00.
Boning Calves: 15.00 & down.
Premier Livestock: Apr. 15, 2024
MARKET COWS: Steady
Selling Every Monday, Tuesday, Wednesday, Thursday
High Yielding Cows: 135.00 to 155.00.
Most Market Cows: 90.00 to 113.00.
Low Yielding Cows: 89.00 and down.
FED MARKET STEERS AND HEIFERS: Steady
High Choice & Prime Holstein Steers: 155.00 to 174.00.
Low Choice & Select Holstein Steers: 145.00-154.00.
Underfinished & Mixed Grading: 144.00 & down.
MARKET BULLS: Steady
High Yielding Bulls: 135.00 to 153.50.
Plainer Quality Bulls: 134.00 & down.
BABY CALVES: Steady
Most Holstein Bull Calves: 400.00-600.00.
Quality Beef Calves: 600.00 to 950.00.
Holstein Heifer Calves, Single Birth: 200.00-450.00.
Light and off quality calves: 200.00 & down.
Fennimore: Apr. 10, 2024
High Yield Slaughter Cows: 1.22-1.30/lb; Holstein Bulls & Calves: 95-120 lbs.: 4.00-5.80/lb; Light Weight & Poor Calves: 2.00-3.50/lb; Holstein Heifer Calves: 90-105 lbs.; 2.30-3.00/lb; Beef X-Bred Calves: 6.00-9.00/lb.
National Cattle Summary: Apr. 15, 2024
For Monday in all trading region negotiated cash was at a standstill. In Nebraska negotiated cash trade was mostly inactive on very light demand. Last week in the Southern Plains live FOB purchases traded at 182.00. Last week in Nebraska live FOB purchases traded at 184.00 while dressed delivered purchases traded at 293.00. Last week in the Western Cornbelt live FOB purchases traded at 185.00 and dressed delivered purchases mostly at 293.00.
Dairy Cattle Summary
Reedsville Equity Market: Apr. 11, 2024
As of 04/04/24
Top Quality Springing Holstein Heifers: 1200.00 to 1800.00.
Plainer Quality Springing Holstein Heifers: 1150.00 & down.
Good Quality Shortbred Heifers: 700.00 to 1300.00.
Good Quality Springing & Recently Fresh Cows: 1100.00 to 1800.00.
Good Bred Back Milking Cows: 1100.00 to 1600.00.
Plain Quality & Common Cows: 500.00 to 1050.00.
Dehorned & Vaccinated Open Heifers, 350-550 lbs: 90.00 to 130.00/lb.
Dehorned & Vaccinated Open Heifers, 550-750 lbs: 90.00 to 120.00/lb.
Dehorned & Vaccinated Open Heifers, 750-950 lbs: 90.00 to 120.00/lb.
Central Livestock, Zumbrota, MN: Apr. 15, 2024
FINISHED CATTLE:
Finished Beef Steers: 177.00-188.50; Mixed Grading: 152.00-176.50.
Finished Beef Heifers: 178.00-186.00; Mixed Grading: 138.00-177.50.
Finished Dairy Steers: 158.00-169.00; Silage Fed, Heavyweight, Select Grade, Lightweight: 117.50-157.50.
MARKET COWS:
Mostly: 100.00-119.00; Thin/shelly/full/overfed cows: 99.00 & down; Market Bulls: 117.50-151.00.
Bred Beef Cows & Heifers: N/A.
Calves: 95-125 lbs: 550.00-700.00/cwt; 150-250 lbs: Up to 420.00/cwt; Beef Calves:650.00-975.00/cwt; Lighter, Weaker, Younger Calves: 525.00 & down.
FEEDER CATTLE:
Beef Steers: under 600 lbs: Up to 310.00/cwt; 600-800 lbs: Up to 225.00/cwt; 800-1000 lbs: Up to 190.00; Beef Heifers: under 600 lbs: Up to 300.00/cwt; 600-800 lbs: Up to 227.50/cwt; 800-1000 lbs: Up to 177.50/cwt.
Holstein Steers: under 400 lbs: N/A; 400-600 lbs: N/A; 600-800 lbs: N/A; 800-1000 lbs: Up to 157.50/cwt.
Eastern Corn Belt Direct, Feeder Cattle Summary (IL, IN, MI, MN, OH and KY): Apr. 12, 2024
Compared to last week: Not enough comparable Current FOB trades this week for a trend. Demand moderate. Supply included: 100% Feeder Cattle (100% Heifers). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with up to a 15 cent slide > 600 lbs. Livestock reported this week originated from KY.
Sheep & Lambs
Fennimore: Apr. 10, 2024
Bucks: 0.90-1.07/lb; Ewes: 0.70-1.05/lb.; Feeding Lambs (40-60 lbs): 2.30-2.75/lb; Choice Lambs: 2.00-2.20/lb.
Johnson Creek Equity Market: Apr. 04, 2024
Lambs: 100 lbs and up: 120.00-230.00; 100 lbs and down: 110.00-250.00; Ewes: 75.00-110.00; Bucks: 70.00-115.00.
Lomira Equity Market: Apr. 15, 2024
As of 03/23/24: Finished Market Lambs: 170.00-225.00; Lambs: 65 lbs and down: 240.00-300.00; 70 to 100 lbs: 190.00-225.00; Ewes: 80.00-110.00; Bucks: 90.00-110.00.
Monroe Equity Market: Apr. 15, 2024
As of 04/05/24: Finished Market Lambs: 1.50-2.00; Feeder Lambs: 2.00-2.25/lb.; Cull Ewes: .60-1.00; Cull Rams: 1.00-1.05.
Stratford Equity Market: Apr. 16, 2024
As of 03/20/24: Feeder Lambs: 1.20-1.70; Market Lambs: 1.40-1.85; Cull Ewes: 0.50-.70; Cull Rams: .60-.70.
Central Livestock, Zumbrota, MN: Apr. 09, 2024
Feeder Lambs: 50-70 lbs: 200.00-300.00/cwt; 70-90 lbs: 165.00-280.00/cwt; Over 90 lbs: 165.00-280.00/cwt.
Fed Lambs 125-155 lbs: Shorn: 213.00-244.00/cwt; Unshorn: N/A.
Utility & Good Ewes: 80.00-100.00; Thin & Cull Ewes: Up to 75.00; Yearling Ewes: No test.
Goats
Fennimore: Apr. 10, 2024
Slaughter Nannies: 1.00-1.25/lb.
Slaughter Billies: 1.70-2.00/lb.
Slaughter Kids (Dairy): 2.00-2.90/lb.
Slaughter Kids (Boer): 3.25-3.90/lb
Johnson Creek Equity Market: Apr. 04, 2024
Young Goats 80 lbs & up: 280.00 & down
Young Goats 60-80 lbs: 250.00 & down.
Young Goats under 60 lbs: 250.00 & down.
Cull Goats: 180.00 & down.
Lomira Equity Market: Apr. 15, 2024
As of 03/23/2024:
Fed Goats: 160.00 to 200.00.
Dairy Kids: 150.00 to 240.00.
Boer Kids: 240.00 to 300.00.
Cull Goats: 80.00-120.00.
Monroe Equity Market: Apr. 15, 2024
As of 04/05/24: Goats sell by the head.
Dairy Goats 40-80 lbs: 50-140.
Meat Goats 40-80 lbs: No test.
Meat Goats over 80 lbs: No test.
Cull Nannies & Billies: 220.00 & down.
Hogs
USDA Hog Report: Apr. 12, 2024
Compared to last week: Early weaned 2.00 lower and feeder pigs are 6.00 higher. Demand good for moderate offerings.
Lomira Equity Market: Apr. 15, 2024
Feeder Pigs: 40-60 lbs: Call for availability.
Hogs: Heavy Sows: 52.00-55.00; Light Sows: 48.00-51.00; Boars: 10.00-15.00; Butcher Hogs: 47.00-55.00.
Johnson Creek Equity Market: Apr. 04, 2024
Butchers hogs 250# up: 40.00-55.00; 170#-249#: 40.00-65.00; Light Sows: 30.00-45.00; Heavy Sows: 25.00-48.00; Boars: 5.00-10.00; Feeder Pigs: 5.00-40.00.
Stratford Equity Market: Apr. 16, 2024
Butchers: 56.00-62.00; Sows: 55.00-73.00; Boars: 23.00-30.00; Slaughter Pigs: No test; Feeder Pigs, 25-35 lbs: 15.00/head; 45-55 lbs: 27.00/head; 60-70 lbs: No test; 70-80 lbs: 48.00/head; over 85 lbs: No test.
Central Livestock, Zumbrota, MN: Apr. 09, 2024
Feeder Pigs: 50 lbs and under: Up to 50.00/hd; 50-60 lbs: No test; 60-80lbs: Up to 105.00/hd; 80-100 lbs: Up to 145.00/hd; 100-150 lbs: Up to 190.00/hd.
Grains
Cargill La Crosse: Apr. 16, 2024
CORN/SOYBEANS
May: 4.3050/11.4475
July: 4.4250/11.5925
Aug: -------/11.6000
Sept: 4.5150/11.5075
Nov: -------/11.5725
Dec: 4.6700/-------
Jan.’25: ------/11.7000
Mar.: 4.8000/11.6975
May: 4.8775/11.7450
July: 4.9175/11.8075
Eggs
USDA Egg Report: Apr. 16, 2024
Midwest delivered and producer prices are steady with a steady undertone. Retail movement is mostly moderate, while food service demand is mixed. Offerings and supplies are in a range of light to moderate. The Midwest shell egg inventory decreased 6.0% compared to a week ago. Market activity is moderate. All breaking stock prices are steady. The undertone is steady. Demand ranges light to fairly good.
Extra Large: 2.46-2.48; Large: 2.44-2.46; Medium: 2.33-2.35
Hay
Fennimore: Apr. 08, 2024
Large Square Hay: 200.00-280.00/ton; Lg. Round Dairy Quality Hay: 210.00-260.00/ton; Sm. Square Hay:4.00-4.75/bale; Corn Fodder: 35.00-50.00/bale; Dry Cow Hay: 150.00-215.00/ton; Large Square Straw: 50.00/bale.
Lomira Equity Market: Apr. 15, 2024
Every Friday at noon:
Small Squares Hay: 2.00-7.00/bale; Large Squares Hay Alfalfa: 80.00-100.00/bale; Large Squares Mix: 50.00-90.00/bale; Large Square Grass: 40.00-80.00/bale; Large Rounds Alfalfa Quality: 60.00-80.00/bale; Large Rounds Mix: 40.00-70.00/bale; Large Rounds Grass: 40.00-60.00/bale; Small Wheat Straw: 1.00-2.00/bale.
Stratford Equity Market: Apr. 16, 2024
Sale first and third Tuesday each month (as of 04/16/24):
Large Square grass mix: 100.00-115.00/bale.
Large Square Hay Bales, 2nd and 3rd Crop Alfalfa: 120.00-125.00/bale.
Large Square Bales, Rye Straw: 50.00-60.00/bale.
Sm. Round Bales, Grass: 60.00-70.00/bale.
Alfalfa Rounds, 2nd & 3rd Crop: 80.00-110.00/bale.
Small Square Straw Bales: 3.00-3.25/bale.
Small Square Hay Bales: 4.25-5.00/bale.
Tim Slack Auction & Realty, Hay & Bedding Report: Apr. 10, 2024
Hay, lg. Square: Premium: 250.00-255.00/ton; Good: 180.00-245.00/ton; Hay, Lg. Round: Good: 190.00-205.00/ton; Fair: N/A; Wrapped N/A.; Hay, small square: N/A.
Straw, lg. square: Good, 35.00-60.00/bale; Sm. square: Good: 4.75-5.00/bale.
Grass, lg. square: N/A; Lg. round: Good: 100.00/ton; Sm. square: N/A.
Reedsville Equity Market: Apr. 11, 2024
High Quality 1st Crop Hay: 150.00-210.00/ton; Low Quality Hay: 100.00/ton & down; High Quality 2nd & 3rd Crop Hay: 160.00-220.00/ton; High Quality Straw: 80.00-150.00/ton.
Dairy
Weekly Animal Feed, Central U.S.: Apr. 11, 2024
The Central dry whey price range held steady, while the top and bottom of the mostly series decreased. Spot trading activity was somewhat busy during week 15, as more prices are falling in the high $.30s and lower $.40s. Contacts have mixed views on near-term market tones. Processors say their respective inventories are in balance, but they are offering loads at decreasing prices to compete with national market pressure. High protein market tones remain somewhat firm. Animal feed whey prices are unchanged. Feed whey buyers continue to say bids in the low-$.30s will get them all the quantities they can use.
- Prices for Central U.S., All First Sales, FOB, Conventional and Non-Edible Dry Whey Price Range Animal Feed, $/lb: .3000 - .3300.
- Prices for Central U.S., All First Sales, FOB, Extra Grade & Grade A, Conventional and Edible Dry Whey Price Range: Non-Hygroscopic, $/lb: .3500 - .4500; Mostly Range: Non-Hygroscopic, $/lb: .3700- .4175.
Dairy Market Review: Apr. 12, 2024
BUTTER: Grade AA closed at $2.9200. The weekly average for Grade AA is $2.9365 (+0.0205).
CHEESE: Barrels closed at $1.5725 and 40# blocks at $1.5350. The weekly average for barrels is $1.5620 (+0.0985) and blocks $1.5470 (+0.0915).
CHEESE HIGHLIGHTS: Cheese production schedules are trending steady to stronger throughout the U.S. Milk production continues to trend higher in the East. Cheese plant contacts report steady to stronger production schedules as well as increases in demand. Inventories are comfortable. Contacts share foodservice demand remains light. In the Upper Midwest, farm level milk production is increasing. Spot milk prices were reported as low as $6-under Class III. Contacts say cheese plant downtime has kept milk volumes loose. Barrel inventories are comfortable. Retail demand for cheddar and Italian-type cheeses is steady.
BUTTER HIGHLIGHTS: Domestic butter demand varies across the nation. Industry participants note domestic demand is strong to steady in the West, and steady in the Central and East regions. Cream volumes are widely available throughout most of the country. Butter manufacturers continue busy churning schedules overall, while cream volumes are readily available. Some butter makers convey non-contracted unsalted butter loads are tight and more actively sought by spot buyers. Bulk butter overages range from 3 to 13 cents above market, across all regions.
FLUID MILK HIGHLIGHTS: The topic du jour in the dairy industry is spring flush. Contacts say milk levels are nearing their acmes in parts of the Western United States. Milk output in the East and Midwest are trending seasonally higher, as well. Fluid milk is generally accessible nationwide. Cheesemakers in the Midwest reported spot milk loads as low as $6-under Class III this week. During week 15 of 2023, Midwestern spot milk prices ranged from $11-under to $4-under Class. Some butter plant managers relay a potential slowdown in churning/cream usage in upcoming weeks. F.O.B. cream multiples are 1.08-1.26 in the East, .95-1.26 in the Midwest, and 1.00-1.20 in the West.