Iowa Milk Production Down In October

Milk production in Iowa during October 2018 totaled 432 million pounds, down 1 percent from the previous October according to the latest USDA, National Agricultural Statistics Service – Milk Production report. The average number of milk cows during October, at 220,000 head, was unchanged from last month but 1,000 more than last year. Monthly production per cow averaged 1,965 pounds, down 30 pounds from last October.

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Weekly Hay Auction Report

Rock Valley Hay Auction for Monday, Nov 19, 2018

Receipts:  24 loads    Last Week:  20 loads    Year Ago:  35 loads

Alfalfa:  Good: Large Rounds, 2 load 130.00-135.00.Fair: Large Rounds, 3 loads 122.50-127.50. Utility: Large Rounds, 1 load 107.50.

Grass:  Good:  Large Rounds, 4 loads 145.00-150.00. Fair: Large Rounds, 4 loads, 117.50-130.50. Utility: Large Rounds, 2 loads, 107.50-115.00

Alfalfa/Grass Mix: Scarce.

Straw: Scarce.

Corn Stalks: Large Rounds, 7 loads 50.00-55.00.

Area Ag Lenders Tightening Up on Loans According To Survey

At the Siouxland Agricultural Lenders Seminar on November 1, we surveyed the participants on what they were seeing in their ag loan portfolios in light of the current ag economy. The 58 attendees were from five states represented 20 lending institutions and 13 other ag industries. More importantly they represented service to over 500 dairies, 317,725 milking cows and 108,400 acres producing feed for those cows.

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Weekly Hay Auction Report

Rock Valley Hay Auction for Thursday, Nov 15, 2018

Receipts:  50 loads    Last Week:  45 loads    Last Year:  71 loads

A wider variety of forages was available at the sales around Iowa during the past week. But, like last week, very little of it was scored as Supreme.  As expected, very little top quality hay was baled in Iowa, leaving buyers short handed.  Many buyers are buying on an as needed basis.

Alfalfa:  Premium to Supreme:  Large Rounds, 1 load 185.00.  Good: Large Rounds, 6 loads 140.00-155.00.  Fair: Large Rounds, 2 loads 122.50-127.50.

Grass:  Premium:  Small Squares, 1 load 170.00; Large Rounds, 8 loads 140.00-157.50. Good:  Large Rounds, 9 loads 127.50-137.50. Fair: Large Rounds, 15 loads, 105.00-125.00. Utility: Large Rounds, 1 load 90.00.

Alfalfa/Grass Mixed: Good: Large Squares, 1 load 127.50; Large Rounds, load 137.50.

Oat Hay: Large Rounds, 1 load 80.00.

Straw:  Large Squares, 1 load 102.00.

Bean Stubble: Large Rounds, 1 load 55.00.

Cornstalks:  Large Rounds, 2 loads 65.00.

Immigration and the Dairy Industry

As dairy operations increase animal numbers, they have also increased dependence on a larger labor pool. That labor pool has become less dominated by family members, and more dependent on foreign born labor (FBL) There undoubtedly would be benefits, however, there is significant risk for the dairy industry in any immigration legislation.

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Dairy Programs set for Sac and Pocahontas Counties in December

The Dairy Directions Seminars are scheduled for Tuesday, Dec. 11 in Sac County and Wednesday, Dec. 12 in Pocahontas County. Both programs will be held at the local Iowa State University Extension and Outreach county office.

Registration starts at 9:00 a.m. and the program begins promptly at 9:30 a.m. A free lunch is included, and the program will adjourn at 1:45 p.m.

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Rock Valley Hay Auction for Monday, Nov 12, 2018

Receipts:  20 loads    Last Week:  11 loads    Year Ago:  30 loads

Alfalfa:  Good: Large Rounds, 1 load 135.00.: Large Rounds, 3 loads 125.00-127.50.

Grass:  Good:  Large Rounds, 2 loads 145.00-152.50. Fair: Large Rounds, 5 loads, 117.50-127.50.

Alfalfa/Grass Mix: Scarce.

Straw: Scarce.

Corn Stalks: Large Rounds, 7 loads 32.50-80.00.

Dairy Discussions Program Set For Dec. 4

The Dairy Discussions: Risk Management and Labor Issues program is set for Tuesday, Dec. 4 at the Iowa State University (ISU) Extension and Outreach – Sioux County office in Orange City.

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WASDE Report Lowers Production and Price Forecast

The milk production forecasts for 2018 and 2019 are reduced from the previous month on lower cow numbers; however, stronger growth in milk per cow is expected to partially offset smaller
dairy cow numbers.
The 2018 fat basis import forecast is unchanged from the previous month, but is reduced for 2019 on lower imports of milk protein concentrates. Fat basis export forecasts for 2018 and 2019 are unchanged from last month.

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