Check out the latest market report for the week of Nov. 14, 2023.
Weekly market report for the week of Nov. 14, 2023. Data compiled from state and national market sources.
Cattle
Altoona Equity Market: Nov. 09, 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: 100.00 to 117.00.
60% sold for: 71.00 to 99.00.
Lower 20% sold for: 70.00 & down.
CULL BULLS:
Most Bulls: 90.00 to 115.00.
CALVES: Sold by the head.
80% of Holstein Bull Calves 95 lbs. & up: 250.00 to 405.00.
Quality Holstein Heifer Calves: 125.00 & down.
Quality Beef Calves: 350.00 to 635.00.
Light & Poor Quality Calves: 250.00 & down
Bonduel Equity Market: Nov. 13, 2023
FED CATTLE: Steady.
High Yielding Choice Beef 160.00 to 179.00.
High Yielding Choice Holstein Steers: 145.00 to 160.00.
Choice Holstein Steers: 100.00 to 144.00.
Unfinished Steers & Heifers: 99.00 & down.
CULL COWS: Steady
Higher 20% sold for: 95.00 to 113.00.
60% sold for: 75.00 to 95.00.
Lower 20% sold for: 75.00 & down.
CULL BULLS: Steady
Most Bulls: 96.00 to 113.00.
Thin, Full Bulls, over a ton discounted: 95.00 & down.
CALVES: Sold by the pound. Steady
Holstein Bull Calves: 150.00 to 395.00.
Quality Holstein Heifer Calves: 220.00 & down.
Quality Beef Calves: 300.00 to 545.00.
Light & Poor Quality Calves: 100.00 & down, heavy discounts on light and poor quality.
FEEDER CATTLE: As of 11/09/23 sale.
Beef steers under 400 lbs: No test.
Beef steers 400-600 lbs: 132.00-188.00.
Beef steers 600-800 lbs: No test.
Beef steers over 800 lbs: No test.
Beef heifers under 400 lbs: No test.
Beef heifers 400-600 lbs: 136.00-160.00.
Beef heifers 600-800 lbs: No test.
Beef heifers over 800 lbs: No test.
Holstein steers up to 400 lbs: No test.
Holstein steers 400-600 lbs: No test.
Holstein steers 600-800 lbs: No test.
Holstein steers over 800 lbs: 107.00-115.00.
Johnson Creek Equity Market: Nov. 13, 2023
FED CATTLE: Steady
High Yielding Choice Beef Steers & Heifers: 150.00 to 173.00.
Choice Beef Steers & Heifers: 130.00 to 160.00.
High Yielding Choice Holstein Steers: 152.00 to 161.00.
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 Market: Nov. 13, 2023
FED CATTLE: Steady
High Yielding Choice & Prime Beef Steers & Heifers: 167.00 to 172.00.
Choice Beef Steers & Heifers: 160.00 to 166.00.
Select, Low Yielding & Underfinished Beef Steers & Heifers: 150.00 & down.
X-bred Steers & Heifers: 161.00 to 170.00.
High Yielding Choice & Prime Holstein Steers: 156.00 to 160.00.
Choice Holstein Steers & Heifers: 150.00 to 155.00.
Low Yielding, Select & Underfinished Holstein Steers & Heifers: 100.00-148.00.
MARKET COWS:
High Yielding Cows: 95.00 to 110.00.
Cutters & Utility: 65.00 to 103.00.
Canners & Shells: 30.00-64.00
MARKET BULLS: Steady
High Yielding Bulls: 95.00 to 110.00.
Thin, Light & Over-Conditioned Bulls: 100.00 & down.
CALVES (11/07/23 Auction): Sold by the pound.
Quality Holstein Bull Calves weighing 90-115 lbs: 385.00 to 475.00.
Light Weight Calves: 220.00 to 380.00.
Quality Holstein Heifer Calves: 100.00-200.00.
Quality Beef and X-bred Bulls & Heifer Calves: Heifers 470.00-770.00; Bulls 500.00-785.00.
Poor Quality Calves: 200.00 & down
Monroe Equity Market: Nov. 13, 2023
FED CATTLE: Lower
High Yielding Choice Beef Steers & Heifers: 170.00-177.50.
Choice Beef Steers & Heifers: 160.00-169.50.
Choice Dairy X-bred Steers & Heifers: 140.00-173.00.
High Yielding Choice Holstein Steers & Heifers: 150.00-161.00.
Choice Holstein Steers & Heifers: 135.00-149.50.
Unfinished Steers & Heifers: 134.00 and down.
Wednesday 11/08/23 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: 135.00 & down.
CULL COWS: Lower
High Yielding Cows: 95.00 to 115.00.
Cutters & Utility: 70.00 to 94.50.
Canners & Shells: 69.50 & down.
SLAUGHTER BULLS: Steady
High Yielding Bulls: 108.00 to 119.50.
Thin, Light and Overconditioned Bulls: 107.00 & 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 750.00 & down; heifers 720.00 & down.
Reedsville Equity Market: Nov. 09, 2023
FED CATTLE: Steady
High Yielding Choice Beef Steers & Heifers: 162.00 to 175.00.
Choice Beef Steers & Heifers: 145.00 to 161.00.
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 113.00.
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: 220.00-340.00.
Quality Holstein Heifer Calves: Up to 70.00.
Quality Beef Calves: Up to 630.00.
Light & Poor Quality Calves: 40.00 & down.
FEEDER CATTLE: Results 11/09/2023
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: Nov. 14, 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): 138.00-147.00.
CULL BULLS:
Most Bulls: 100.00 to 120.00.
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 180.00.
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: 170.00-265.00; 400 to 600 lbs: 170.00-255.00; 600 to 800 lbs: 160.00-232.50; Over 800 lbs: 140.00-190.00.
Beef Heifers: Under 400 lbs: 185.00-265.00; 400 to 600 lbs: 160.00-235.00; 600 to 800 lbs: 150.00-210.00; Over 800 lbs: 120.00-185.00.
Holstein Steers: Under 400 lbs: 130.00-160.00; 400 to 600 lbs: 130.00-160.00; 600 to 800 lbs: 120.00-160.00; Over 800 lbs: 120.00-160.00.
Milwaukee Stockyards: Nov. 13, 2023
COWS:
No Roll Cows: 100.00 to 108.00.
High Yielding Cutters & Utility: 75.00 to 85.00.
Cutters: 65.00 to 75.00.
Canners & Shells: 65.00 & down.
HOLSTEIN STEERS:
High Choice & Prime Holstein Steers, 1400-1600 lbs: 154.00 to 158.00.
Choice Holstein Steers: 145.00 to 153.00.
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 115.00.
Common to Good Bulls: 90.00 to 110.00.
REPLACEMENT CALVES:
Premium Bulls 100-120 lbs: 300.00 to 410.00.
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: Nov. 13, 2023
MARKET COWS: Lower
Selling Every Monday, Tuesday, Wednesday, Thursday
High Yielding Cows: 95.00 to 120.00.
Most Market Cows: 75.00 to 94.00.
Low Yielding Cows: 74.00 and down.
FED MARKET STEERS AND HEIFERS: Lower
High Choice & Prime Holstein Steers: 147.00 to 162.00.
Low Choice & Select Holstein Steers: 140.00-147.00.
Underfinished & Mixed Grading: 139.00 & down.
MARKET BULLS: Lower
High Yielding Bulls: 100.00 to 118.00.
Plainer Quality Bulls: 99.00 & down.
BABY CALVES: Lower
Most Holstein Bull Calves: 250.00-440.00.
Quality Beef Calves: 350.00 to 640.00.
Holstein Heifer Calves, Single Birth: 20.00-180.00.
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 negotiated cash trading was at a standstill in all trading regions. Last week in the Texas Panhandle live FOB purchases traded at 181.00. Last week in Kansas live FOB purchases traded at 180.00. Last week in Nebraska live FOB purchases traded at 181.50 and dressed delivered purchases traded at 287.00. Last week in the Western Cornbelt live FOB purchases traded from 178.00-180.00 and dressed delivered purchases traded from 283.00-287.00. A light test was noted in all regions for last week.
Dairy Cattle Summary
Reedsville Equity Market: Nov. 09, 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. 13, 2023
FINISHED CATTLE:
Finished Beef Steers: 165.00-178.75; Mixed Grading: 110.00-164.50.
Finished Beef Heifers: 165.00-176.00; Mixed Grading: 112.00-164.50.
Finished Dairy Steers: 150.00-161.75; Silage Fed, Heavyweight, Select Grade, Lightweight: 100.00-149.50.
MARKET COWS:
Mostly: 74.00-92.00; Thin/shelly/full/overfed cows: 73.00 & down; Market Bulls: N/A.
Bred Beef Cows & Heifers: N/A.
Calves: 95-125 lbs: 200.00-285.00; 150-250 lbs: N/A; Beef Calves: 250.00-390.00; Lighter, Weaker, Younger Calves: 195.00 & down.
FEEDER CATTLE:
Beef Steers: under 600 lbs: Up to 155.00/cwt; 600-800 lbs: Up to 130.00/cwt; 800-1000 lbs: Up to 140.00/cwt; Beef Heifers: under 600 lbs: Up to 175.00/cwt; 600-800 lbs: Up to 130.00/cwt; 800-1000 lbs: N/A.
Holstein Steers: under 400 lbs: N/A; 400-600 lbs: N/A; 600-800 lbs: N/A; 800-1000 lbs: N/A.
Eastern Corn Belt Direct, Feeder Cattle Summary (IL, IN, MI, MN, OH and KY): Nov. 10, 2023
Compared to last week: No Current FOB trades this week for a trend. Demand moderate. 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 Market: Nov. 13, 2023
Lambs: 100 lbs and up: 120.00-160.00; 100 lbs and down: 110.00-160.00; Ewes: 40.00-80.00; Bucks: 40.00-80.00.
Lomira Equity Market: Nov. 13, 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: Nov. 13, 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: Nov. 14, 2023
As of 11/08/23: Feeder Lambs: .90-1.00; Market Lambs: 1.25-1.30; Cull Ewes: 0.50-.90; Cull Rams: .50-.65.
Central Livestock, Zumbrota, MN: Nov. 07, 2023
Feeder Lambs: 50-70 lbs: 75.00-220.00; 70-90 lbs: 35.00-185.00; Over 90 lbs: 80.00-195.00.
Fed Lambs 120-155 lbs: Unshorn: N/A; shorn: N/A.
Utility & Good Ewes: 60.00-115.00; Thin & Cull Ewes: 55.00 & down; Yearling Ewes: N/A
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 Market: Nov. 13, 2023
Young Goats 80 lbs & up: 180.00 & down
Young Goats 60-80 lbs: 220.00 & down.
Young Goats under 60 lbs: 240.00 & down.
Cull Goats: 120.00 & down.
Lomira Equity Market: Nov. 13, 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: Nov. 13, 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. 10, 2023
Compared to last week: Early weaned pigs are steady, and feeder pigs are 1.00 per head higher. Demand is moderate for moderate offerings.
Lomira Equity Market: Nov. 13, 2023
Feeder Pigs: 40-80 lbs: Call for availability.
Hogs: Heavy Sows: 35.00-38.00; Light Sows: 30.00-34.00; Boars: 5.00; Butcher Hogs: 54.00-60.00.
Johnson Creek Equity Market: Nov. 13, 2023
Butchers hogs 250# up: 30.00-65.00; 170#-249#: 30.00-72.00; Light Sows: 20.00-42.00; Heavy Sows: 20.00-42.00; Boars: 8.00-14.00; Feeder Pigs: 5.00-40.00.
Stratford Equity Market: Nov. 14, 2023
Butchers: 55.00-62.50; Sows: 37.00-40.00; Boars: 7.00 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: Nov. 07, 2023
Feeder Pigs: 50 lbs and under: Up to 27.50/hd; 50-60 lbs: Up to 45.00/hd; 60-80lbs: Up to 35.00/hd; 80-100 lbs: 50.00/hd; 100-120 lbs: Up to 120.00/hd.
Grains
Cargill La Crosse: Nov. 07, 2023
CORN/SOYBEANS
Nov: -------/13.6875
Dec: 4.7825/-------
Jan.’24: -------/13.8975
Mar.’24: 4.9425/14.0250
May: 5.0375/14.1250
July: 5.1200/14.1450
Aug: -------/13.8800
Sept: 5.1250/13.3350
Dec: 5.1050/-------
Eggs
USDA Egg Report: Nov. 14, 2023
Midwest delivered prices are steady. Producer prices are 5 cents higher for Large, 6 cents higher for Medium and 2 cents higher for Small. The undertone is firm. Retail demand is fairly good to good. Food service demand is moderate to fairly good. Offerings are light. Supplies are light to moderate. Market activity is moderate to active. The Midwest shell egg inventory decreased 7.3% compared to last week. All breaking stock prices are steady. The undertone is steady. Demand is very light to at times moderate. Offerings are very light to light. Supplies are light to moderate. Schedules are full-time to reduced. Market activity is moderate.
Extra Large: 2.02-2.04; Large: 2.00-2.02; Medium: 1.76-1.78
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 Market: Nov. 13, 2023
Every Friday at noon:
Small Squares Hay: 2.00-5.00/bale; Large Squares Hay Alfalfa: 80.00-100.00/bale; Large Squares Mix: 45.00-70.00/bale; Large Square Grass: 40.00-70.00/bale; Large Rounds Alfalfa Quality: 60.00-80.00/bale; Large Rounds Mix: 50.00-70.00/bale; Large Rounds Grass: 30.00-60.00/bale; Small Wheat Straw: 1.00-2.00/bale.
Stratford Equity Market: Nov. 14, 2023
Sale first and third Tuesday each month (as of 11/07/23):
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 Market: 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. 09, 2023
Dry whey prices moved higher on the bottom of the range, while holding steady elsewhere. Regionally, Extra Grade and Grade A loads are tight. Production shifts into higher protein blends, recent limitations of milk for cheesemakers, and steady regional demand have buoyed markets nearer to $.40/lb than just in early October when the $.30 mark was the balancing point. Despite customers relaying they are looking somewhat aggressively for extra loads, contacts on both sides of the buy/sell equation say loads priced at over $.40 are being met with marked resistance. Still, some brand-preferred volumes are trading at just above that level. Animal feed whey prices moved slightly closer to $.30 on the top of the range.
- Prices for Central U.S., All First Sales, FOB, Conventional and Non-Edible Dry Whey Price Range Animal Feed, $/lb: .2400 - .2700.
- Prices for Central U.S., All First Sales, FOB, Extra Grade & Grade A, Conventional and Edible Dry Whey Price Range: Non-Hygroscopic, $/lb: .3300 - .4200; Mostly Range: Non-Hygroscopic, $/lb: .3700- .4100.
Dairy Market Review: Nov. 10, 2023
BUTTER: Grade AA closed at $2.6000. The weekly average for Grade AA is $2.8010 (-0.3890).
CHEESE: Barrels closed at $1.6500 and 40# blocks at $1.6000. The weekly average for barrels is $1.6090 (-0.0490) and blocks, $1.6535 (-0.0365).
CHEESE HIGHLIGHTS: In the Midwest, cheesemakers report an increase in milk offers late last week and over the weekend and relay spot milk prices around $1-over Class. Cheese production is steady in the West and Midwest, though some plant managers in the Midwest report maintenance/downtime this week. Cheese inventories in the Midwest are moving steadily. Domestic demand for cheese varies within the region, as contacts report stronger demand from the retail sector than from food service purchasers.
BUTTER HIGHLIGHTS: Cream is becoming more available in all regions, and contacts in the Central region report multiples moving below the 1.20 market this week. Some butter makers in the Central region are micro-fixing to prevent inventories from building. Butter production is mixed in the West, as some processors say they have resumed churning, but others say they are waiting until after Thanksgiving to resume butter production. Contacts in the West say butter inventories are satisfactory ahead of the holiday season. Demand for bulk butter has slowed, particularly from food service customers in the Central region, while retail demand is steady. In the West, retail butter demand is strong to steady. Bulk butter overages range from 3.0 to 10.0 cents over market value.
FLUID MILK HIGHLIGHTS: Farm level milk production is trending seasonally higher across all regions. Butterfat and protein components in farm milk volumes are showing some improvement. Class I sales of milk are generally steady, although handlers expect a dip in orders as the Thanksgiving holiday/class recess approaches. Production of other holiday-related Class I drinks, such as eggnog, are also drawing upon regional milk supplies. Condensed skim volumes clearing into Class II frozen desserts are generally slowing, but production of holiday-flavored yogurt/pudding items is claiming some of those volumes. Cream volumes clearing into aerated cream or half and half are seasonally steady. Cream multiples ranges for all Classes are: 1.16-1.30 in the East, 1.15-1.30 in the Midwest, and 1.10-1.36 in the West.