Feed Costs Continue to Pressure Milk Dairy Margins – eDairyNews
United States |6 mayo, 2021

Milk | Feed Costs Continue to Pressure Milk Dairy Margins

Feed costs will continue to pressure dairy Margins.

Wednesday had December corn break through $6 for new crop and July pushed through $7. Corn finished the day with July up 11 ¾ cents to $7.08 ½. December corn at 6.04 3/4 /bu. These values have not been seen since September of 2013. Soybean meal gained 2.90 to $424.40/ton as Soybeans gained 4 cents in July to 15.42 ¼, and November gained 19 ½ cents to 13.82 ¾ /bu.

Dairy markets were stable as the CME spot trade saw Cheddar Blocks gain a quarter of a cent to 1.80 ¼, Barrels gained 2 ½ cents to 1.84 1/2/lb. Blocks moved and impressive 5 loads and Barrels 7. Butter fell a penny to $1.73 1/2/lb with 9 loads trading hands.

Grade A Non Fat Dry Milk gained 1 3/4/lb to $1.35 ¾. Dry whey gained a quarter of a cent to $0.64 3/4/lb.

Class III Milk had May up 8 cents to 19.15, June fell 2 to 19.76 and July gained 2 cents to 19.86/cwt.

Class IV milk was quiet nearby, but 2022 jumped higher. May slid 1 cent to 16.20, June and July were unchanged at 16.99, and 17.31. January of 2022 gained 20 cents to 17.75 and Feb and March also moved to 17.75/cwt.

Legal notice on Intellectual Property in digital content

All information contained in these pages that is NOT the property of eDairy News and is NOT considered "in the public domain" by legal regulations, are trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the norms contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable norms.

Any claim arising from the information contained on the eDairy News website will be submitted to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentine Republic, with a seat in the City of Córdoba, to the exclusion of any another jurisdiction, including the Federal.

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

Related news