milk prices

For the dairy folks and/or beef folks with questions about udders, milk and mastitis.
User avatar
GMN
GURU
GURU
Posts: 3295
Joined: Wed Sep 07, 2005 10:03 pm
Location: southwest, MO

milk prices

Postby GMN » Fri Jan 04, 2008 11:40 am

Does anyone know what the future is for milk prices?

GMN
0 x

User avatar
dun
Mentor
Mentor
Posts: 47343
Joined: Sun Dec 28, 2003 10:34 am
Location: MO Ozarks

Postby dun » Fri Jan 04, 2008 12:31 pm

Lower milk prices seen
Milk prices will be lower this year than they were in 2007, says Bob Cropp, professor emeritus and dairy economist at the University of Wisconsin. The all-milk price will average around $16.95 per hundredweight, or about $2.15 lower than 2007, he says in this month’s issue of Dairy Herd Management.

http://www.dairyherd.com/
0 x
"“The more you know, the more you know you don't know.” ― Aristotle

User avatar
GMN
GURU
GURU
Posts: 3295
Joined: Wed Sep 07, 2005 10:03 pm
Location: southwest, MO

MP

Postby GMN » Fri Jan 04, 2008 4:05 pm

dun wrote:Lower milk prices seen
Milk prices will be lower this year than they were in 2007, says Bob Cropp, professor emeritus and dairy economist at the University of Wisconsin. The all-milk price will average around $16.95 per hundredweight, or about $2.15 lower than 2007, he says in this month’s issue of Dairy Herd Management.

http://www.dairyherd.com/


Actually that would be about $5 less per cwt, and yet everything will still be high in the stores, milk, icecream, cheese, etc.. Something fishy there I think!

GMN
0 x

User avatar
TexasBred
Mentor
Mentor
Posts: 29542
Joined: Wed Aug 15, 2007 1:18 pm
Location: Heart of Texas

Re: milk prices

Postby TexasBred » Tue Jan 08, 2008 3:14 pm

Even a $16.95 average for 12 months is pretty good. That would mean '07 averaged $19.10. That has to be a record. But true nothing related to a dairy operation is going down except net income and the bank account. Some of the "high powered" operators are dealing in milk futures to at least guarantee their milk prices. '08 will make even the best managers look bad.
0 x
A dung beetle walks into a bar, looks around and says "Is this stool taken"????


Return to “Got Milk?”

Who is online

Users browsing this forum: No registered users and 1 guest