Global Dairy Trade Event 350 concluded with the GDT Price Index up 0.5 Percent

Key Results*

AMF index up 8.6%, average price US$6,552/MT (€6,080/MT)
Butter index up 0.1%, average price US$6,526/MT (€6,056/MT)
BMP index not available, average price not available
Ched index down 7.6%, average price US$4,143/MT (€3,845/MT)
LAC index down 1.0%, average price US$785/MT (€728/MT)
MOZZ index up 5.3%, average price US$3,960/MT (€3,675/MT)
SMP index up 1.3%, average price US$2,788/MT (€2,587/MT)
WMP index down 1.8%, average price US$3,388/MT (€3,144/MT)

Full results have been published on www.globaldairytrade.info/en/product-results/.

Application Deadline Extended for Choose Iowa Dairy Innovation Grants

Two-week extension will allow more Iowa dairies to complete application for cost-share grants that are aimed at increasing on-farm dairy processing and incorporating labor saving technology.

The Iowa Department of Agriculture and Land Stewardship announced today that the deadline to apply for Choose Iowa Dairy Innovation Grant Program has been extended by two weeks, from February 9 at 12:00 p.m. to February 23 at 12:00 p.m. Initial interest in the grant program has been strong, however industry feedback expressed that a two week extension will provide more dairies with additional time to gather information to complete the application on ChooseIowa.com

Continue reading “Application Deadline Extended for Choose Iowa Dairy Innovation Grants”

GDT Price Index up 4.2 Percent

AMF index up 3.3%, average price US$6,033/MT (€5,616/MT)
Butter index up 10.3%, average price US$6,516/MT (€6,065/MT)
BMP index up 1.2%, average price US$2,412/MT (€2,245/MT)
Ched index up 6.3%, average price US$4,469/MT (€4,160/MT)
LAC index up 2.6%, average price US$785/MT (€731/MT)
MOZZ index down 1.8%, average price US$3,760/MT (€3,500/MT)
SMP index up 4.6%, average price US$2,758/MT (€2,567/MT)
WMP index up 3.4%, average price US$3,463/MT (€3,223/MT)

Full results have been published on www.globaldairytrade.info/en/product-results/.

Iowa Hay Price Down Compared to 2023

All hay prices in Iowa averaged $169.00 per ton in December according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was $13.00 below the November price and $6.00 below the December 2022 price. The December 2023 alfalfa hay price, at $181.00, was $8.00 below the previous month and $5.00 below December 2022. The average price received for other hay during December was $151.00 per ton. This was $2.00 above the November price but $3.00 below December last year.
The average price for milk was $19.10 per cwt, 50 cents below the November price and $4.90 below December 2022. Prices received for milk cows for dairy herd replacement averaged $1,860 per head as of January 1, 2024.

Iowa Milk Goat Numbers Down 11 Percent From 2023

Milk goat inventory in Iowa as of January 1, 2024, was 24,000 head, 11 percent below January 2023, according to the latest USDA, National Agricultural Statistics Service – Sheep and Goats report. Total meat and other goat inventory was 45,000 head, 10 percent below the previous year.

Continue reading “Iowa Milk Goat Numbers Down 11 Percent From 2023”

Iowa December Milk Up 1 Percent

Milk production in Iowa during December 2023 totaled 500 million pounds, up 1 percent from the previous December according to the latest USDA, National Agricultural Statistics Service – Milk Production report. The average number of milk cows during December, at 240,000 head, was 1,000 above last month and up 1,000 from December 2022. Monthly production per cow averaged 2,085 pounds, up 20 pounds from last December.

Continue reading “Iowa December Milk Up 1 Percent”

2024 all milk price is lowered to $20.00 per cwt

Milk production for 2023 is lowered from last month, with lower milk cow inventories and lower expected milk per cow according to the January World Agricultural Supply and Demand Estimates report. The 2024 production forecast is lower due to a reduced average cow inventory for the year and slower growth in output per cow. USDA’s Cattle report, which will be released January 31, will provide an indication of producer intentions for retaining dairy heifers for addition to the breeding herd.
Continue reading “2024 all milk price is lowered to $20.00 per cwt”

Buena Vista County Extension Ag Coffees Continue

During the winter months, Iowa State University Extension and Outreach works hard to bring local producers important information to help their operations. We put on many annual programs, and this year, Buena Vista excited to offer a new series focused on trending agricultural topics.

“Extension Ag Coffees” is a new series geared towards agricultural producers and rural community members. This series is hosted twice a month through April from 10:00-11:00 a.m. at the Buena Vista County Extension Office. There is no charge to attend, and coffee and donuts will be provided.

Presenters will cover an array of trending agricultural topics that affect our community and lead an active question and answer session.

The January 16 session will have Fred Hall, ISU Dairy Specialist, discussing the 2024 farm income predictions.

Continue reading “Buena Vista County Extension Ag Coffees Continue”

Global Dairy Trade Event 347 concluded with the GDT Price Index up 1.2 Percent

Key Results*

AMF index up 0.2%, average price US$5,595/MT (€5,063/MT)
Butter index up 2.1%, average price US$5,514/MT (€4,990/MT)
BMP index down 0.1%, average price US$2,384/MT (€2,158/MT)
Ched index down 2.4%, average price US$4,165/MT (€3,769/MT)
LAC index down 5.0%, average price US$753/MT (€681/MT)
MOZZ index unchanged, average price US$3,960/MT (€3,584/MT)
SMP index down 0.9%, average price US$2,613/MT (€2,365/MT)
WMP index up 2.5%, average price US$3,290/MT (€2,977/MT)

Full results have been published on www.globaldairytrade.info/en/product-results/.

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