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Milk prices lower, dairy cow prices higher in July

The U.S. all milk price for July is $16.60 down 30 cents from June. Florida has the highest price at $21.40 down 50 cents from June. California has the lowest all milk price at $15.12 down 60 cents from June.

Other Brownfield states July all milk (compared to June)

  •             Illinois; $17.40 (-.10)
  •             Indiana: $16.40 (-.10)
  •             Iowa: $17.00 (-.30)
  •             Michigan: $15.90 (-.10)
  •             Minnesota: $17.40 (-.50)
  •             Ohio: $17.10 (—–)
  •             South Dakota: $18.10 (-.60)
  •             Wisconsin: $17.50 (-.40)

The July Milk-to-Feed Ratio is 2.01 compared to 2.06 in June and 2.36 in July of last year. The ratio is the pounds of 16% dairy ration equal to the value of 1 pound of whole milk.

 

Milk cow prices averaged $2,030 per head in the U.S. in July up $60 from April. Despite all of the water issues, California had the highest average price of $2,200 per cow in July up $200 from April. Of the 23 major dairy states, Ohio had the lowest price at $1,850 unchanged from April. Cow prices in all 23 states were either unchanged or higher than the April price.

Brownfield states July price per dairy cow (compared to April, 2015)

  •             Illinois: $2,000 (+$100)
  •             Indiana: $1,950 (+ $50)
  •             Iowa: $2,050 (+100)
  •             Michigan: $2,100 (—–)
  •             Minnesota: $1,880 (+$20)
  •             South Dakota: $1,900 (+$60)
  •             Wisconsin: $2,090 (+10)

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