Farms.com Home  › News

June Milk Down $1.60 From May

All hay prices in Iowa averaged $169.00 per ton in June according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was $3.00 below the May price but $19.00 above the June 2022 price. The June 2023 alfalfa hay price, at $173.00, was $5.00 below the previous month but $16.00 above June 2022. The average price received for other hay during June was $159.00 per ton. This was $2.00 below the May price but $29.00 above June last year.
The average price for milk was $15.20 per cwt, $1.60 below the May price and $10.50 below June 2022. Prices received for milk cows for dairy herd replacement averaged $1,800 per head as of July 1, 2023.

Source : iastate.edu

Trending Video

2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?

Video: 2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?


Despite a Super Strong El Nino the early South American soybean planting pace is ahead of schedule.
The long-term forecast looks dry for the North but wet for the South including Argentina.
China bought 1.5 mmt of U.S. soybeans this week with rumors of 2 mmt and now at 68% of 25 mmt commitment.
The question mark remains the Chinese pledge towards the $17 billion in ag purchases.
NOPA weekly crush report was lower than expected. Another hot U.S. wholesale inflation print this week.
Investors rotating out of AI
Weak U.S. pork demand weighing on hogs
+ CFTC.