Check out the latest market report for the week of Nov. 10, 2023.
Weekly market report for the week of Nov. 10, 2023. Data compiled from state and national market sources.
Cattle
Altoona Equity Livestock: Nov. 02, 2023
FED CATTLE:
Choice Beef Steers & Heifers: 150.00 to 175.00.
Choice Dairy X-bred Steers & Heifers: 150.00 to 170.00.
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: 98.00 to 114.00.
60% sold for: 75.00 to 97.00.
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: 250.00 to 420.00.
Quality Holstein Heifer Calves: 125.00 & down.
Quality Beef Calves: 350.00 to 650.00.
Light & Poor Quality Calves: 250.00 & down
Bonduel Equity Livestock: Nov. 06, 2023
FED CATTLE: Steady.
High Yielding Choice Beef 160.00 to 175.00.
High Yielding Choice Holstein Steers: 145.00 to 164.50.
Choice Holstein Steers: 100.00 to 144.00.
Unfinished Steers & Heifers: 99.00 & down.
CULL COWS: Steady
Higher 20% sold for: 95.00 to 115.00.
60% sold for: 75.00 to 95.00.
Lower 20% sold for: 75.00 & down.
CULL BULLS: Steady
Most Bulls: 96.00 to 116.50.
Thin, Full Bulls, over a ton discounted: 95.00 & down.
CALVES: Sold by the pound. Steady
Holstein Bull Calves: 150.00 to 445.00.
Quality Holstein Heifer Calves: 220.00 & down.
Quality Beef Calves: 300.00 to 760.00.
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 Livestock: Nov. 06, 2023
FED CATTLE: Steady
High Yielding Choice Beef Steers & Heifers: 155.00 to 175.00.
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 360.00.
Quality Dairy Heifer Calves: 80.00 to 140.00.
Quality Beef Calves: 400.00 to 620.00.
Light & Poor Quality Calves: 100.00 & down.
Lomira Equity Livestock: Nov. 01, 2023
FED CATTLE: Steady
High Yielding Choice & Prime Beef Steers & Heifers: 166.00 to 171.00.
Choice Beef Steers & Heifers: 160.00 to 165.00.
Select, Low Yielding & Underfinished Beef Steers & Heifers: 150.00 & down.
X-bred Steers & Heifers: 160.00 to 168.00.
High Yielding Choice & Prime Holstein Steers: 159.00 to 165.00.
Choice Holstein Steers & Heifers: 152.00 to 158.00.
Low Yielding, Select & Underfinished Holstein Steers & Heifers: 100.00-150.00.
MARKET COWS:
High Yielding Cows: 100.00 to 115.00.
Cutters & Utility: 65.00 to 99.00.
Canners & Shells: 30.00-64.00
MARKET BULLS: Steady
High Yielding Bulls: 95.00 to 120.00.
Thin, Light & Over-Conditioned Bulls: 100.00 & down.
CALVES (10/31/23 Auction): Sold by the pound.
Quality Holstein Bull Calves weighing 90-115 lbs: 345.00 to 440.00.
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 400.00-670.00; Bulls 470.00-705.00.
Poor Quality Calves: 200.00 & down
Monroe Equity Livestock: Nov. 06, 2023
FED CATTLE: Lower
High Yielding Choice Beef Steers & Heifers: 176.00-185.50.
Choice Beef Steers & Heifers: 164.50-175.50.
Choice Dairy X-bred Steers & Heifers: 150.00-179.50.
High Yielding Choice Holstein Steers & Heifers: 155.00-164.50.
Choice Holstein Steers & Heifers: 137.00-154.50.
Unfinished Steers & Heifers: 135.00 and down.
Wednesday 11/01/23 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: No test.
Unfinished Steers & Heifers: 140.00 & down.
CULL COWS: Steady
High Yielding Cows: 95.00 to 119.00.
Cutters & Utility: 70.00 to 94.50.
Canners & Shells: 69.50 & down.
SLAUGHTER BULLS: Steady
High Yielding Bulls: 108.00 to 120.00.
Thin, Light and Overconditioned Bulls: 107.00 & down.
CALVES:Sold by the pound. Steady
Quality Holstein Bull Calves: 200.00 to 420.00.
Light & Poor Quality Calves: 195.00 & down.
Quality Holstein Heifer Calves: 200.00 & down.
Quality Beef & Beef X-bred Calves: bulls 750.00 & down; heifers 700.00 & down.
Reedsville Equity Livestock: Nov. 02, 2023
FED CATTLE: Steady
High Yielding Choice Beef Steers & Heifers: 158.00 to 168.00.
Choice Beef Steers & Heifers: 135.00 to 157.00.
High Yielding Choice Holstein Steers: 152.00 to 162.00.
Choice Holstein Steers: 120.00 to 151.00.
Unfinished Steers & Heifers: 115.00 & down.
CULL COWS: Steady
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: 95.00-115.00.
CALVES: Softer
Quality Holstein Bull Calves: 300.00-375.00.
Quality Holstein Heifer Calves: Up to 70.00.
Quality Beef Calves: Up to 640.00.
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 Livestock: Nov. 07, 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: 155.00-165.50.
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): 138.00-148.50.
CULL BULLS:
Most Bulls: 100.00 to 112.00.
Thin, Full, Horned Bulls discounted: 100.00 & down.
CALVES, sold by the head:
Good to Top Quality Holstein Bull Calves: 250.00-480.00.
Top Quality Holstein Heifer Calves: 100.00 to 270.00.
Plain Quality Holstein Heifer Calves: 75.00 & down.
Quality Beef Calves: 400.00 to 785.00.
Light & Poor Quality Calves: 150.00 & down.
FEEDER CATTLE:
Beef Steers: Under 400 lbs: 170.00-240.00; 400 to 600 lbs: 170.00-240.00; 600 to 800 lbs: 160.00-190.00; Over 800 lbs: 140.00-170.00.
Beef Heifers: Under 400 lbs: 175.00-240.00; 400 to 600 lbs: 150.00-240.00; 600 to 800 lbs: 140.00-190.00; Over 800 lbs: 120.00-165.00.
Holstein Steers: Under 400 lbs: 130.00-170.00; 400 to 600 lbs: 130.00-170.00; 600 to 800 lbs: 120.00-170.00; Over 800 lbs: 120.00-165.00.
Milwaukee Stockyards: Nov. 06, 2023
COWS:
No Roll Cows: 100.00 to 112.00.
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: 175.00 to 180.00.
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: 250.00 to 325.00.
Common to Good Bulls 80-100 lbs: 300.00 to 400.00.
Beef Bull Calves: 400.00 to 700.00.
Beef Heifer Calves: 300.00 to 675.00.
Dairy Heifer Calves: 50.00 to 150.00.
Boning Calves: 15.00 & down.
Premier Livestock: Nov. 06, 2023
MARKET COWS: Steady
Selling Every Monday, Tuesday, Wednesday, Thursday
High Yielding Cows: 100.00 to 118.00.
Most Market Cows: 83.00 to 99.00.
Low Yielding Cows: 82.00 and down.
FED MARKET STEERS AND HEIFERS: Steady
High Choice & Prime Holstein Steers: 153.00 to 165.00.
Low Choice & Select Holstein Steers: 140.00-152.00.
Underfinished & Mixed Grading: 139.00 & down.
MARKET BULLS: Steady
High Yielding Bulls: 105.00 to 123.00.
Plainer Quality Bulls: 104.00 & down.
BABY CALVES: Steady
Most Holstein Bull Calves: 250.00-470.00.
Quality Beef Calves: 350.00 to 750.00.
Holstein Heifer Calves, Single Birth: 20.00-150.00.
Light and off quality calves: 100.00 & down.
Fennimore: Nov. 08, 2023
High Yield Slaughter Cows: .90-1.07/lb; Holstein Bulls & Calves: 95-120 lbs: 340.00-400.00; Light Weight & Poor Calves: 250.00-300.00; Holstein Heifer Calves: 125.00-170.00; Beef X-Bred Calves: 450.00-700.00.
National Cattle Summary: Nov. 06, 2023
For Monday in Southern Plains and Nebraska negotiated cash trade was at a standstill. In the Western Cornbelt negotiated cash trading was mostly inactive on light demand. However not enough purchases for a market trend. Last week in all trading regions live FOB purchases traded at 185.00. Last week in Nebraska and the Western Plains dressed delivered purchases traded at 292.00.
Dairy Cattle Summary
Reedsville Equity Livestock: Nov. 02, 2023
As of 11/02/23
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: Nov. 06, 2023
FINISHED CATTLE:
Finished Beef Steers: 174.00-184.00; Mixed Grading: 100.00-173.00.
Finished Beef Heifers: 173.00-183.50; Mixed Grading: 114.00-172.00.
Finished Dairy Steers: 157.00-166.00; Silage Fed, Heavyweight, Select Grade, Lightweight: 100.00-156.00.
MARKET COWS:
Mostly: 77.00-98.00; Thin/shelly/full/overfed cows: 76.00 & down; Market Bulls: 95.00-119.00.
Bred Beef Cows & Heifers: N/A.
Calves: 95-125 lbs: 125.00-200.00; 150-250 lbs: Up to 140.00; Beef Calves: 250.00-340.00; Lighter, Weaker, Younger Calves: 120.00 & 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: Nov. 03, 2023
Compared to last week: Not enough Current FOB trades for a trend. Demand good. 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. 08, 2023
Bucks: 0.85-1.05/lb. Ewes: 0.45-0.80/lb.; Choice Lambs: 1.40-1.89/lb; Feeding Lambs: 1.45-2.60/lb.
Johnson Creek Equity Livestock: Nov. 06, 2023
Lambs: 100 lbs and up: 120.00-140.00; 100 lbs and down: 110.00-130.00; Ewes: 40.00-80.00; Bucks: 40.00-80.00.
Lomira Equity Livestock: Nov. 01, 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 Livestock: Nov. 06, 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 Livestock: Nov. 07, 2023
As of 11/01/23: Feeder Lambs: .90-1.20; Market Lambs: 1.25-1.30; Cull Ewes: 0.40-1.25; Cull Rams: .50-.65.
Central Livestock, Zumbrota, MN: Oct. 31, 2023
Feeder Lambs: 50-70 lbs: 135.00-215.00; 70-90 lbs: 155.00-190.00; Over 90 lbs: 90.00-185.00.
Fed Lambs 120-155 lbs: Unshorn: 170.00 to 190.00; shorn: N/A.
Utility & Good Ewes: 50.00-100.00; Thin & Cull Ewes: 47.50 & down; Yearling Ewes: Up to 117.50.
Goats
Fennimore: Nov. 08, 2023
Slaughter Nannies: 0.90-1.20/lb.
Slaughter Billies: 1.20/2.15/lb.
Slaughter Kids (Dairy): 1.35-1.55/lb
Slaughter Kids (Boer): 2.50-3.30/lb
Johnson Creek Equity Livestock: Nov. 06, 2023
Young Goats 80 lbs & up: 180.00 & down
Young Goats 60-80 lbs: 180.00 & down.
Young Goats under 60 lbs: 180.00 & down.
Cull Goats: 115.00 & down.
Lomira Equity Livestock: Nov. 01, 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 Livestock: Nov. 06, 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: Nov. 03, 2023
Compared to last week: Early weaned pigs steady to 1.00 per head higher. All feeder pigs steady. Demand moderate for moderate to heavy offerings.
Lomira Equity Livestock: Nov. 01, 2023
Feeder Pigs: 40-80 lbs: Call for availability.
Hogs: Heavy Sows: 27.00-30.00; Light Sows: 24.00-26.00; Boars: 8.00; Butcher Hogs: 47.00-55.00.
Johnson Creek Equity Livestock: Nov. 06, 2023
Butchers hogs 250# up: 30.00-55.00; 170#-249#: 30.00-50.00; 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 Livestock: Nov. 07, 2023
Butchers: 55.00-62.50; Sows: 37.00-40.00; Boars: 23.00 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. 31, 2023
Feeder Pigs: 50 lbs and under: Up to 52.50/hd; 50-60 lbs: Up to 75.00/hd; 60-80lbs: Up to 55.00/hd; 80-100 lbs: 90.00/hd; 100-120 lbs: Up to 125.00/hd.
Grains
Cargill La Crosse: Nov. 07, 2023
CORN/SOYBEANS
Nov: -------/13.4900
Dec: 4.7025/-------
Jan.’24: -------/13.6050
Mar.’24: 4.8525/13.7300
May: 4.9475/13.8375
July: 5.0375/13.8750
Aug: -------/13.6500
Sept: 5.0600/13.1425
Dec: 5.1050/-------
Eggs
USDA Egg Report: Nov. 07, 2023
Midwest delivered prices are steady. Producer prices are 10 cents higher for Large, 8 cents higher for Medium and 5 cents higher for Small. The undertone is higher. Demand ranges moderate to good. Offerings are light to moderate. Supplies are light to moderate. The Midwest shell egg inventory decreased 2.9% compared to last week. Market activity is moderate to active. Breaking stock prices are steady with check and undergrade prices higher. The undertone is firm. Demand ranges very light to moderate. Offerings are very light to light. Supplies are seasonally moderate to at times light. Schedules are varied. Market activity is moderate.
Extra Large: 1.49-1.51; Large: 1.47-1.49; Medium: 1.29-1.31
Hay
Fennimore: Nov. 06, 2023
Large Square Hay: 180.00-200.00/ton; Lg. Round Dairy Quality Hay: 160.00-185.00/ton; Sm. Square Hay:4.50-5.00/bale; Dry Cow/Beef Cow Hay: 125.00-160.00/ton; Large Square Straw: 50.00/bale.
Lomira Equity Livestock: Nov. 01, 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 Livestock: Nov. 07, 2023
Sale first and third Tuesday each month (as of 10/31/23):
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. 08, 2023
Hay, lg. Square: Premium: 225.00/ton; Good: 185.00-210.00/ton; Sm. Square: 4.00-4.25/bale; Hay, Lg. Round, Good: 180.00/ton.
Straw, lg. square: Good, 3x3 47.00-60.00/bale; Sm. square: Good: 4.50-4.75/bale.
Grass, lg. square: Good: 160.00-225.00/ton; Lg. round: 170.00-220.00/ton.
Reedsville Equity Livestock: Nov. 08, 2023
High Quality 1st Crop Hay: 130.00-210.00/ton; Low Quality Hay: 125.00/ton and down; High Quality 2nd & 3rd Crop Hay: 150.00-230.00; Low Quality 2nd & 3rd crop hay: 145.00/ton. Straw: N/A.
Dairy
Weekly Animal Feed, Central U.S.: Nov. 02, 2023
Dry whey prices moved bullishly this week. Contacts say last week’s large industry conference provided evidence that customers were clearly interested in sweet whey powder and high protein whey concentrates than they were a few months ago. Production shifts from the former to the latter have been noted, as well. Milk availability is slowly growing for Class III producers in the Midwest, but milk has yet to move below Class price points. Feed whey trading held somewhat steady this week, but prices slipped on the bottom of the range. Despite the price slip, contacts say they expect feed whey prices to follow in the same trend as extra grade whey, as feed whey end users’ interests have gradually increased this fall.
- Prices for Central U.S., All First Sales, FOB, Conventional and Non-Edible Dry Whey Price Range Animal Feed, $/lb: .2300 - .2600.
- Prices for Central U.S., All First Sales, FOB, Extra Grade & Grade A, Conventional and Edible Dry Whey Price Range: Non-Hygroscopic, $/lb: .3200 - .4200; Mostly Range: Non-Hygroscopic, $/lb: .3700- .4100.
Dairy Market Review: Nov. 03, 2023
BUTTER: Grade AA closed at $3.1075. The weekly average for Grade AA is $3.1900 (-0.1065).
CHEESE: Barrels closed at $1.6400 and 40# blocks at $1.6650. The weekly average for barrels is $1.6580 (-0.0490) and blocks, $1.6900 (-0.0495).
CHEESE HIGHLIGHTS: Milk supplies are slowly increasing for cheesemakers in most of the country. That said, overall availability is not noted as abundant. The fall/winter holidays, though, are expected to bring more plentiful milk supplies for Class III use across the nation. Cheesemakers in the Midwest reported spot prices from flat market to $1-over Class III. Cheese demand is varied nationwide, but steady to hearty according to most cheese contacts. One positive note is that the CME price spread between blocks and barrels is slight, which contacts view as an indicator of market stability.
BUTTER HIGHLIGHTS: Butter markets are under some bearish pressure following a record-breaking run in the early fall. Starting the week on a high note, CME daily cash call prices jumped to $3.30, but by Friday market prices had slid into the $3.11 range. Cream availability is growing in the East and Midwest regions. Central processors say churning rates have doubled (or more) since early October, and cream multiples at/around 1.20 are clearly a major reason for that. Eastern contacts say Thanksgiving orders are wrapped up, while Western butter plant contacts say Canadian demand for this quarter has held somewhat strong.
FLUID MILK HIGHLIGHTS: In parts of the Western region, more availability of spot milk loads is reported. Fat component levels in farm level milk output are increasing in the East, Midwest, and parts of the West. In the Midwest, some spot milk customers are starting to report prices at Class for the first time this fall. Class I bottling is strong to steady throughout the country. Class II, III, IV demands are strong to steady. The availability of condensed skim is somewhat looser. Cream multiples for all Classes are 1.19-1.34 in the East, 1.21-1.30 in the Midwest, and 1.10-1.38 in the West.