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

Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.