Check out the latest market report for the week of Nov. 01, 2023.

Wisconsin State Farmer
Wisconsin State Farmer
Weekly Market Report Roundup

Weekly market report for the week of Nov. 01, 2023. Data compiled from state and national market sources.

Cattle

Altoona Equity Market: Oct. 24, 2023

FED CATTLE:

Choice Beef Steers & Heifers: 150.00 to 176.00.

Choice Dairy X-bred Steers & Heifers: 150.00 to 173.00.

High Yielding Choice Holstein Steers: 155.00 to 162.00.

Choice Holstein Steers: 145.00 to 154.00.

Select, Unfinished & Heavyweight Steers & Heifers: 144.00 & down.

CULL COWS: Steady

Higher 20% sold for: 100.00 to 115.00.

60% sold for: 75.00 to 99.00.

Lower 20% sold for: 74.00 & down.

CULL BULLS:

Most Bulls: 90.00 to 118.00.

CALVES: Sold by the head.

80% of Holstein Bull Calves 95 lbs. & up: 200.00 to 380.00.

Quality Holstein Heifer Calves: 125.00 & down.

Quality Beef Calves: 200.00 to 645.00.

Light & Poor Quality Calves: 300.00 & down

Bonduel Equity Market: Oct. 30, 2023

FED CATTLE: Steady.

High Yielding Choice Beef 160.00 to 168.00.

High Yielding Choice Holstein Steers: 145.00 to 158.00.

Choice Holstein Steers: 100.00 to 144.00.

Unfinished Steers & Heifers: 99.00 & down.

CULL COWS: Steady

Higher 20% sold for: 95.00 to 120.00.

60% sold for: 75.00 to 95.00.

Lower 20% sold for: 75.00 & down.

CULL BULLS: Steady

Most Bulls: 96.00 to 114.00.

Thin, Full Bulls, over a ton discounted: 95.00 & down.

CALVES: Sold by the pound. Steady

Holstein Bull Calves: 150.00 to 440.00.

Quality Holstein Heifer Calves: 50.00 & down.

Quality Beef Calves: 300.00 to 645.00.

Light & Poor Quality Calves: 100.00 & down, heavy discounts on light and poor quality.

FEEDER CATTLE: As of 10/27/23 sale.

Beef steers under 400 lbs: 220.00-263.00.

Beef steers 400-600 lbs: 200.00-256.00.

Beef steers 600-800 lbs: 193.00-255.00.

Beef steers over 800 lbs: 130.00-140.00.

Beef heifers under 400 lbs: 226.00-240.00.

Beef heifers 400-600 lbs: 200.00-226.00.

Beef heifers 600-800 lbs: 160.00-184.00.

Beef heifers over 800 lbs: 150.00-170.00.

Holstein steers up to 400 lbs: Up to 212.50.

Holstein steers 400-600 lbs: 128.00-166.00.

Holstein steers 600-800 lbs: 120.00-128.00.

Holstein steers over 800 lbs: 110.00-120.00.

Johnson Creek Equity Market: Oct. 23, 2023

FED CATTLE: Steady

High Yielding Choice Beef Steers & Heifers: 155.00 to 179.00.

Choice Beef Steers & Heifers: 130.00 to 160.00.

High Yielding Choice Holstein Steers: 152.00 to 163.00.

Choice Holstein Steers: 130.00 to 148.00.

Select & Unfinished Cattle: 120.00 & down.

CULL COWS: Steady

20% sold for: 96.00 to 107.00.

60% sold for: 75.00 to 92.00.

Lower 20% sold for: 75.00 & down.

CULL BULLS: Steady

Most Bulls: 90.00 to 110.00.

Thin & Full Bulls, discounted: 80.00 & down.

CALVES, sold by the pound: Steady

60% of Holstein Bull Calves: 270.00 to 400.00.

Quality Dairy Heifer Calves: 80.00 to 140.00.

Quality Beef Calves: 400.00 to 600.00.

Light & Poor Quality Calves: 100.00 & down.

Lomira Equity Market: Oct. 30, 2023

FED CATTLE: Steady

High Yielding Choice & Prime Beef Steers & Heifers: 170.00 to 174.00.

Choice Beef Steers & Heifers: 164.00 to 169.00.

Select, Low Yielding & Underfinished Beef Steers & Heifers: 160.00 & down.

X-bred Steers & Heifers: 162.00 to 172.00.

High Yielding Choice & Prime Holstein Steers: 158.00 to 162.00.

Choice Holstein Steers & Heifers: 152.00 to 157.00.

Low Yielding, Select & Underfinished Holstein Steers & Heifers: 110.00-150.00.

MARKET COWS:

High Yielding Cows: 97.00 to 107.00.

Cutters & Utility: 70.00 to 96.00.

Canners & Shells: 30.00-70.00

MARKET BULLS: Steady

High Yielding Bulls: 105.00 to 120.00.

Thin, Light & Over-Conditioned Bulls: 100.00 & down.

CALVES (10/24/23 Auction): Sold by the pound.

Quality Holstein Bull Calves weighing 90-115 lbs: 345.00 to 430.00.

Light Weight Calves: 220.00 to 340.00.

Quality Holstein Heifer Calves: 100.00-200.00.

Quality Beef and X-bred Bulls & Heifer Calves: Heifers 450.00-650.00; Bulls 500.00-700.00.

Poor Quality Calves: 200.00 & down

Monroe Equity Market: Oct. 30, 2023

FED CATTLE: Steady/Lower

High Yielding Choice Beef Steers & Heifers: 178.00-188.00.

Choice Beef Steers & Heifers: 168.00-177.50.

Choice Dairy X-bred Steers & Heifers: 160.00-182.50.

High Yielding Choice Holstein Steers & Heifers: 160.00-174.50.

Choice Holstein Steers & Heifers: 145.00-159.50.

Unfinished Steers & Heifers: 144.50 and down.

Wednesday 10/25/23 Sale:

High Yielding Choice Beef Steers & Heifers: No test.

Choice Beef Steers & Heifers: No test.

Choice Dairy X-bred Steers & Heifers: No test.

High Yielding Choice Holstein Steers & Heifers: No test.

Choice Holstein Steers & Heifers: 142.00-150.00.

Unfinished Steers & Heifers: 135.00 & down.

CULL COWS: Steady/Lower

High Yielding Cows: 95.00 to 115.00.

Cutters & Utility: 70.00 to 94.50.

Canners & Shells: 69.50 & down.

SLAUGHTER BULLS: Steady/Lower

High Yielding Bulls: 110.00 to 116.50.

Thin, Light and Overconditioned Bulls: 109.00 & down.

CALVES:Sold by the pound. Steady

Quality Holstein Bull Calves: 200.00 to 400.00.

Light & Poor Quality Calves: 195.00 & down.

Quality Holstein Heifer Calves: 200.00 & down.

Quality Beef & Beef X-bred Calves: bulls 720.00 & down; heifers 690.00 & down.

Reedsville Equity Market: Oct. 26, 2023

FED CATTLE: Steady

High Yielding Choice Beef Steers & Heifers: 160.00 to 175.00.

Choice Beef Steers & Heifers: 135.00 to 159.00.

High Yielding Choice Holstein Steers: 152.00 to 160.00.

Choice Holstein Steers: 120.00 to 151.00.

Unfinished Steers & Heifers: 115.00 & down.

CULL COWS: Softer

Higher 20% sold for: 95.00 to 108.00.

60% sold for: 81.00 to 94.00.

Lower 20% sold for: 80.00 & down.

CULL BULLS: Steady

Most Bulls: 95.00-122.00.

CALVES: Softer

Quality Holstein Bull Calves: 150.00-280.00.

Quality Holstein Heifer Calves: Up to 70.00.

Quality Beef Calves: Up to 520.00.

Light & Poor Quality Calves: 40.00 & down.

FEEDER CATTLE: Results 10/26/2023

Holstein steers under 400 lbs: 140.00 to 190.00.

Holstein steers 400 to 600 lbs: 100.00 to 210.00.

Holstein steers 600 to 800 lbs: 100.00 to 200.00.

Holstein steers over 800 lbs: 90.00 to 170.00.

Stratford Equity Market: Oct. 31, 2023

FED CATTLE:

High Yielding Choice & Prime Beef Steers & Heifers: 165.00-172.00.

Choice Beef Steers & Heifers: 150.00 to 164.00.

High Yielding Choice & Prime Holstein Steers & Heifers: 155.00-166.00.

Select & Choice Holstein Steers & Heifers: 140.00 to 154.00.

Unfinished Steers & Heifers: 140.00 and down.

CULL COWS: Lower

Higher 20% sold for: 95.00 to 115.00.

60% sold for: 70.00 to 94.00.

Lower 20% sold for: 70.00 & down.

Good certified organic cows (for slaughter): 140.00-145.00.

CULL BULLS:

Most Bulls: 100.00 to 118.00.

Thin, Full, Horned Bulls discounted: 100.00 & down.

CALVES, sold by the head:

Good to Top Quality Holstein Bull Calves: 250.00-450.00.

Top Quality Holstein Heifer Calves: 100.00 to 210.00.

Plain Quality Holstein Heifer Calves: 75.00 & down.

Quality Beef Calves: 400.00 to 660.00.

Light & Poor Quality Calves: 150.00 & down.

FEEDER CATTLE:

Beef Steers: Under 400 lbs: 170.00-250.00; 400 to 600 lbs: 170.00-225.00; 600 to 800 lbs: 160.00-200.00; Over 800 lbs: 140.00-170.00.

Beef Heifers: Under 400 lbs: 175.00-235.00; 400 to 600 lbs: 150.00-215.00; 600 to 800 lbs: 140.00-180.00; Over 800 lbs: 120.00-160.00.

Holstein Steers: Under 400 lbs: 130.00-200.00; 400 to 600 lbs: 130.00-165.00; 600 to 800 lbs: 120.00-165.00; Over 800 lbs: 120.00-165.00.

Milwaukee Stockyards: Oct. 30, 2023

COWS:

No Roll Cows: 100.00 to 108.00.

High Yielding Cutters & Utility: 80.00 to 90.00.

Cutters: 70.00 to 80.00.

Canners & Shells: 65.00 & down.

HOLSTEIN STEERS:

High Choice & Prime Holstein Steers, 1400-1600 lbs: 157.00 to 160.00.

Choice Holstein Steers: 150.00 to 156.00.

Select Steers: 130.00 to 140.00.

Unfinished Holstein Steers: 125.00 & down.

BEEF CATTLE:

Choice & Prime Angus Beef 1250-1600 lbs: 170.00 to 173.00.

Select Beef Steers & Heifers: 150.00 & down.

BULLS:

Premium Beef Bulls 1600-2000 lbs: 110.00 to 120.00.

Common to Good Bulls: 90.00 to 110.00.

REPLACEMENT CALVES:

Premium Bulls 100-120 lbs: 300.00 to 400.00.

Common to Good Bulls 80-100 lbs: 100.00 to 300.00.

Beef Bull Calves: 400.00 to 700.00.

Beef Heifer Calves: 300.00 to 700.00.

Dairy Heifer Calves: 50.00 to 150.00.

Boning Calves: 15.00 & down.

Premier Livestock: Oct. 30, 2023

MARKET COWS: Steady

Selling Every Monday, Tuesday, Wednesday, Thursday

High Yielding Cows: 100.00 to 123.00.

Most Market Cows: 78.00 to 99.00.

Low Yielding Cows: 77.00 and down.

FED MARKET STEERS AND HEIFERS: Steady

High Choice & Prime Holstein Steers: 150.00 to 164.00.

Low Choice & Select Holstein Steers: 140.00-150.00.

Underfinished & Mixed Grading: 139.00 & down.

MARKET BULLS: Steady

High Yielding Bulls: 105.00 to 126.00.

Plainer Quality Bulls: 104.00 & down.

BABY CALVES: Steady

Most Holstein Bull Calves: 200.00-420.00.

Quality Beef Calves: 300.00 to 660.00.

Holstein Heifer Calves, Single Birth: 40.00-200.00.

Light and off quality calves: 100.00 & down.

Fennimore: Nov. 01, 2023

High Yield Slaughter Cows: .80-1.06/lb; Holstein Bulls & Calves: 95-120 lbs: 280.00-370.00; Light Weight & Poor Calves: 100.00-190.00; Holstein Heifer Calves: 70.00-100.00; Beef X-Bred Calves: 500.00-670.00.

National Cattle Summary: Oct. 30, 2023

For Monday in all trading regions negotiated cash trade was at a standstill. Last week in the Southern Plains live FOB purchases traded at 185.00. Last week in Nebraska live FOB purchases traded from 183.00186.00, while dressed delivered purchases traded from 290.00-291.00, mostly at 290.00. Last week in the Western Cornbelt live FOB purchases from 183.00-185.00, mostly from 183.00-184.00, while dressed delivered purchases traded at 290.00.

Dairy Cattle Summary

Reedsville Equity Market: Oct. 26, 2023

As of 10/05/23

Top Quality Springing Holstein Heifers: 1200.00 to 1600.00.

Plainer Quality Springing Holstein Heifers: 1150.00 & down.

Good Quality Shortbred Heifers: 700.00 to 1300.00.

Good Quality Springing & Recently Fresh Cows: 1100.00 to 1600.00.

Good Bred Back Milking Cows: 1100.00 to 1600.00.

Plain Quality & Common Cows: 500.00 to 1050.00.

Dehorned & Vaccinated Open Heifers, 350-550 lbs: 90.00 to 130.00/lb.

Dehorned & Vaccinated Open Heifers, 550-750 lbs: 90.00 to 120.00/lb.

Dehorned & Vaccinated Open Heifers, 750-950 lbs: 90.00 to 120.00/lb.

Central Livestock, Zumbrota, MN: Oct. 30, 2023

FINISHED CATTLE:

Finished Beef Steers: 173.00-185.00; Mixed Grading: 124.00-172.50.

Finished Beef Heifers: 173.00-183.00; Mixed Grading: 140.00-172.50.

Finished Dairy Steers: 154.00-164.00; Silage Fed, Heavyweight, Select Grade, Lightweight: 89.00-153.00.

MARKET COWS:

Mostly: 75.00-94.00; Thin/shelly/full/overfed cows: 74.00 & down; Market Bulls: 94.00-125.00.

Bred Beef Cows & Heifers: N/A.

Calves: 95-125 lbs: 250.00-450.00; 150-250 lbs: 100.00-190.00; Beef Calves: 300.00-600.00; Lighter, Weaker, Younger Calves: 240.00 & down.

FEEDER CATTLE:

Beef Steers: under 600 lbs: Up to 190.00/cwt; 600-800 lbs: Up to 150.00/cwt; 800-1000 lbs: Up to 174.00/cwt; Beef Heifers: under 600 lbs: Up to 200.00/cwt; 600-800 lbs: Up to 160.00/cwt; 800-1000 lbs: Up to 174.00/cwt.

Holstein Steers: under 400 lbs: N/A; 400-600 lbs: N/A; 600-800 lbs: N/A; 800-1000 lbs: Up to 155.00.

Eastern Corn Belt Direct, Feeder Cattle Summary: Oct. 27, 2023

Compared to last week: Not enough Current FOB trades this week for a trend. Demand moderate. Severe drops on the CME Feeder and Live Cattle contracts most of the week caused for limited trades. Supply included: 100% Feeder Cattle (100% Heifers). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with up to a 15 cent slide > 600 lbs. Livestock reported this week originated from KY.

Sheep & Lambs

Fennimore: Nov. 01, 2023

Bucks: 0.75-0.87/lb. Ewes: 0.52-0.77/lb.; Choice Lambs: 1.60-1.82/lb; Feeding Lambs: 1.65-2.30/lb.

Johnson Creek Equity Market: Oct. 16, 2023

Lambs: 100 lbs and up: 140.00-160.00; 100 lbs and down: 120.00-150.00; Ewes: 50.00-90.00; Bucks: 40.00-90.00.

Lomira Equity Market: Oct. 30, 2023

As of 10/28/23: Finished Market Lambs: 130.00-170.00; Lambs: 65 lbs and down: 160.00-210.00; 70 to 100 lbs: 140.00-170.00; Ewes: 50.00-90.00; Bucks: 70.00-100.00.

Monroe Equity Market: Oct. 30, 2023

As of 10/25/23: Finished Market Lambs: 1.50-1.75; Feeder Lambs: 1.50-2.40/lb.; Cull Ewes: .51-.82; Cull Rams: .95-1.10/lb.

Stratford Equity Market: Oct. 31, 2023

As of 10/25/23: Feeder Lambs: .90-1.00; Market Lambs: 1.25-1.30; Cull Ewes: 0.40-0.90; Cull Rams: .50-.75.

Central Livestock, Zumbrota, MN: Oct. 24, 2023

Feeder Lambs: 50-70 lbs: 45.00-190.00; 70-90 lbs: 25.00-190.00; Over 90 lbs: 105.00-180.00.

Fed Lambs 120-155 lbs: Unshorn: 165.00 to 182.00; shorn: N/A.

Utility & Good Ewes: 60.00-105.00; Thin & Cull Ewes: 57.50 & down; Yearling Ewes: Up to 105.00.

Goats

Fennimore: Nov. 01, 2023

Slaughter Nannies: 0.90-1.30/lb.

Slaughter Billies: N/A.

Slaughter Kids (Dairy): 1.50-1.80/lb

Slaughter Kids (Boer): 2.10-2.90/lb

Johnson Creek: Oct. 23, 2023

Young Goats 80 lbs & up: 200.00 & down

Young Goats 60-80 lbs: 200.00 & down.

Young Goats under 60 lbs: 200.00 & down.

Cull Goats: 115.00 & down.

Lomira Equity Market: Oct. 30, 2023

As of 10/28/2023:

Fed Goats: 140.00 to 200.00.

Dairy Kids: 120.00 to 180.00.

Boer Kids: 150.00 to 260.00.

Cull Goats: 70.00-110.00.

Monroe Equity Market: Oct. 30, 2023

As of 10/25/23: Goats sell by the head.

Dairy Goats 40-80 lbs: No test.

Meat Goats 40-80 lbs: 1.40-1.90

Meat Goats over 80 lbs: 2.65 & down

Cull Nannies & Billies: 1.95 & down.

Hogs

USDA Hog Report: Oct. 27, 2023

Compared to last week: Early weaned pigs and feeder pigs are steady. Demand is moderate for heavy offerings.

Lomira Equity Market: Oct. 30, 2023

Feeder Pigs: 40-80 lbs: Call for availability.

Hogs: Heavy Sows: 22.00-23.00; Light Sows: 19.00-21.00; Boars: 8.00; Butcher Hogs: 47.00-55.00.

Johnson Creek Equity Market: Oct. 23, 2023

Butchers hogs 250# up: 35.00-65.00; 170#-249#: 50.00-65.00; Light Sows: 10.00-25.00; Heavy Sows: 10.00-25.00; Boars: 5.00-9.00; Feeder Pigs: 10.00-50.00.

Stratford Equity Market: Oct. 31, 2023

Butchers: 60.00-65.00; Sows: 32.00-37.00; Boars: 15.00 and down; Slaughter Pigs: No test; Feeder Pigs, 25-35 lbs: 20.00-25.00/head; 45-55 lbs: 22.00-30.00; 60-70 lbs: No test; 70-80 lbs: No test; over 85 lbs: 52.00/head.

Central Livestock, Zumbrota, MN: Oct. 24, 2023

Feeder Pigs: 50 lbs and under: Up to 15.00/hd; 50-60 lbs: Up to 37.50/hd; 60-80lbs: Up to 37.50/hd; 80-100 lbs: 70.00/hd; 100-120 lbs: Up to 122.50/hd.

Future prices for commodites for the week beginning Oct. 31, 2023.

Grains

Cargill La Crosse: Oct. 31, 2023

CORN/SOYBEANS

Nov: -------/12.8925

Dec: 4.7975/-------

Jan.’24: -------/13.1325

Mar.’24: 4.9400/13.2700

May: 5.0250/13.4050

July: 5.0925/13.4775

Aug: -------/13.2875

Sept: 5.0950/12.8500

Dec: 5.1325/-------

Eggs

USDA Egg Report: Oct. 31, 2023

Midwest delivered prices are steady. Producer prices are 4 cents higher for Large and 3 cents higher for Medium. The undertone is steady to fully steady. Retail demand is moderate to fairly good. Food service demand ranges light to fairly good. Offerings are light to moderate. Supplies are moderate. The Midwest shell egg inventory decreased 2.0% compared to a week ago. Market activity is moderate. All breaking stock prices are steady. The undertone is mostly steady. Demand and offerings range very light to instances moderate. Supplies are moderate. Schedules are full-time. Market activity is slow to moderate.

Extra Large: 1.21-1.23; Large: 1.19-1.21; Medium: 1.12-1.14

Hay

Fennimore: Oct. 30, 2023

Large Square Hay: 215.00-275.00/ton; Lg. Round Dairy Quality Hay: 190.00-220.00/ton; Sm. Square Hay:5.00-5.50/bale; Dry Cow/Beef Cow Hay: 125.00-200.00/ton; Large Square Straw: 50.00/bale.

Lomira Equity Market: Oct. 30, 2023

Every Friday at noon:

Small Squares Hay: 2.00-5.00/bale; Large Squares Hay Alfalfa: 70.00-100.00/bale; Large Squares Mix: 45.00-70.00/bale; Large Square Grass: 40.00-70.00/bale; Large Rounds Alfalfa Quality: 50.00-80.00/bale; Large Rounds Mix: 40.00-60.00/bale; Large Rounds Grass: 30.00-50.00/bale; Small Wheat Straw: 1.00-2.00/bale.

Stratford Equity Market: Oct. 31, 2023

Sale first and third Tuesday each month (as of 10/24/23):

Large Square grass mix: 70.00-110.00/bale.

Large Square Hay Bales, 2nd and 3rd Crop Alfalfa: 80.00-120.00/bale.

Large Square Bales, Rye Straw: 40.00-45.00/bale.

Sm. Round Bales, Grass: 55.00-70.00/bale.

Alfalfa Rounds, 2nd & 3rd Crop: 55.00-65.00/bale.

Small Square Straw Bales: 3.00-3.25/bale.

Small Square Hay Bales: 3.25-3.75/bale.

Tim Slack Auction & Realty, Hay & Bedding Report: Nov. 01, 2023

Hay, lg. Square: Premium: N/A; Good: 175.00-215.00/ton; Sm. Square: N/A; Hay, Lg. Round, Good: 165.00/ton.

Straw, lg. square: Good, 3x3 47.00/bale; Sm. square: Good: 4.50-4.75/bale.

Grass, lg. round: 145.00-195.00/ton; Lg. square: 220.00/ton.

Reedsville Equity Market: Nov. 01, 2023

High Quality 1st Crop Hay: 120.00-160.00/ton; Low Quality Hay: 115.00/ton and down; High Quality 2nd & 3rd Crop Hay: 150.00-210.00; Low Quality 2nd & 3rd Crop Hay, 145.00/ton: High Quality Straw: 80.00-120.00/ton; Low Quality Straw: 75.00/ton.

Cash futures for Class III milk for the week beginning Oct. 31, 2023.

Dairy

Weekly Animal Feed, Central U.S.: Oct. 26, 2023

Dry whey prices moved higher on the range and top of the mostly price series this week. Trading activity, whether in spite of or due to a busy industry conference, was somewhat hearty this week. Milk availability for Class III processing remains somewhat snug in the region. Cheesemakers are paying over Class for spot milk, despite steadier Class I fluid milk intakes and seasonal increases in milk and components. Domestic end users say they are working on contractual agreements for Q1. Feed whey markets are slowly mirroring the effects of bullish carbohydrate markets, as well. Market tones for dry whey are uncertain, but holding some bullish undertones primarily based on export interest.

  • Prices for Central U.S., All First Sales, FOB, Conventional and Non-Edible Dry Whey Price Range Animal Feed, $/lb: .2400 - .2600.
  • Prices for Central U.S., All First Sales, FOB, Extra Grade & Grade A, Conventional and Edible Dry Whey Price Range: Non-Hygroscopic, $/lb: .3100 - .3900; Mostly Range: Non-Hygroscopic, $/lb: .3200- .3600.

Dairy Market Review: Oct. 27, 2023

BUTTER: Grade AA closed at $3.1925. The weekly average for Grade AA is $3.2965 (-0.0905).

CHEESE: Barrels closed at $1.6825 and 40# blocks at $1.7300. The weekly average for barrels is $1.7070 (+0.0310) and blocks, $1.7395 (-0.0130).

CHEESE HIGHLIGHTS: Milk availability in the Midwest has, reportedly, not edged lower much in recent weeks. Cheesemakers say Class III milk prices in the Midwest are higher than last year during the same period. In the Northeast, cheese production is increasing, but plants are operating below capacity as labor shortages persist. Cheese inventories are said to be comfortable and growing in the region. Midwest cheese inventories range from balanced to tighter, and demand is mixed from one plant to the other.

BUTTER HIGHLIGHTS: Cream availability is increasing in the East and Central regions. Cream is tight in the West, and some butter makers in the region say current prices are causing them to limit their spot purchasing. Retail and food service demands are anticipated to remain steady through the holidays in the East. In the Central region, butter demand is mixed. Stakeholders in the West say inventories are in good shape for the upcoming 2023 holiday demand. Bulk butter overages range from 4.0 to 12.0 cents over market value.

FLUID MILK HIGHLIGHTS: Milk production trends vary throughout the country. In the upper half of the East region, cool temperatures prompted ideal conditions for cow comfort and improved milk production. Farm level milk production in the Central region is steady. Midwest contacts have spot milk ranging $.25 to $2.00 over Class III. As milk components improve, more cream is available for processing in the East and Midwest, but cream volumes remain tight in the West on good demand. Cream multiples for all Classes range 1.19-1.36 in the East, 1.23-1.32 in the Midwest, and 1.10-1.38 in the West.