Check out the latest market report for the week of Nov. 22, 2023.

Wisconsin State Farmer
Wisconsin State Farmer
Weekly Market Report Roundup

Weekly market report for the week of Nov. 22, 2023. Data compiled from state and national market sources.

Cattle

Altoona Equity Market: Nov. 16, 2023

FED CATTLE:

Choice Beef Steers & Heifers: 150.00 to 175.00.

Choice Dairy X-bred Steers & Heifers: 150.00 to 165.00.

High Yielding Choice Holstein Steers: 155.00 to 165.00.

Choice Holstein Steers: 145.00 to 154.00.

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

CULL COWS: Steady

Higher 20% sold for: 92.00 to 110.00.

60% sold for: 65.00 to 91.00.

Lower 20% sold for: 64.00 & down.

CULL BULLS:

Most Bulls: 90.00 to 105.00.

CALVES: Sold by the head.

80% of Holstein Bull Calves 95 lbs. & up: 250.00 to 430.00.

Quality Holstein Heifer Calves: 125.00 & down.

Quality Beef Calves: 350.00 to 745.00.

Light & Poor Quality Calves: 250.00 & down

Bonduel Equity Market: Nov. 20, 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 110.50.

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 450.00.

Quality Holstein Heifer Calves: 220.00 & down.

Quality Beef Calves: 300.00 to 595.00.

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. 20, 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: 92.00 to 100.00.

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. 20, 2023

FED CATTLE: Steady

High Yielding Choice & Prime Beef Steers & Heifers: 167.00 to 173.00.

Choice Beef Steers & Heifers: 160.00 to 166.00.

Select, Low Yielding & Underfinished Beef Steers & Heifers: 150.00 & down.

X-bred Steers & Heifers: 158.00 to 168.00.

High Yielding Choice & Prime Holstein Steers: 156.00 to 163.00.

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 94.00.

Canners & Shells: 30.00-64.00

MARKET BULLS: Steady

High Yielding Bulls: 95.00 to 120.00.

Thin, Light & Over-Conditioned Bulls: 85.00 & down.

CALVES (11/14/23 Auction): Sold by the pound.

Quality Holstein Bull Calves weighing 90-115 lbs: 350.00 to 440.00.

Light Weight Calves: 200.00 to 340.00.

Quality Holstein Heifer Calves: 100.00-200.00.

Quality Beef and X-bred Bulls & Heifer Calves: Heifers 460.00-710.00; Bulls 500.00-790.00.

Poor Quality Calves: 200.00 & down

Monroe Equity Market: Nov. 20, 2023

FED CATTLE: Steady

High Yielding Choice Beef Steers & Heifers: 170.00-179.50.

Choice Beef Steers & Heifers: 160.00-169.50.

Choice Dairy X-bred Steers & Heifers: 140.00-174.00.

High Yielding Choice Holstein Steers & Heifers: 155.00-167.00.

Choice Holstein Steers & Heifers: 137.00-154.50.

Unfinished Steers & Heifers: 135.00 and down.

Wednesday 11/15/23 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: 91.00 to 112.00.

Cutters & Utility: 65.00 to 90.50.

Canners & Shells: 64.50 & down.

SLAUGHTER BULLS: Lower

High Yielding Bulls: 105.00 to 117.00.

Thin, Light and Overconditioned Bulls: 104.00 & down.

CALVES: Sold by the pound. Steady

Quality Holstein Bull Calves: 200.00 to 430.00.

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 670.00 & down.

Reedsville Equity Market: Nov. 14, 2023

FED CATTLE: Steady

High Yielding Choice Beef Steers & Heifers: 160.00 to 169.00.

Choice Beef Steers & Heifers: 142.00 to 159.00.

High Yielding Choice Holstein Steers: 150.00 to 162.00.

Choice Holstein Steers: 135.00 to 149.00.

Unfinished Steers & Heifers: 134.00 & down.

CULL COWS: Steady

Higher 20% sold for: 90.00 to 110.00.

60% sold for: 75.00 to 89.00.

Lower 20% sold for: 74.00 & down.

CULL BULLS: Steady

Most Bulls: 95.00-115.00.

CALVES: Softer

Quality Holstein Bull Calves: 220.00-450.00.

Quality Holstein Heifer Calves: Up to 70.00.

Quality Beef Calves: Up to 620.00.

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. 21, 2023

FED CATTLE:

High Yielding Choice & Prime Beef Steers & Heifers: 160.00-167.00.

Choice Beef Steers & Heifers: 150.00 to 160.00.

High Yielding Choice & Prime Holstein Steers & Heifers: 155.00-160.00.

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

Unfinished Steers & Heifers: 140.00 and down.

CULL COWS: Lower

Higher 20% sold for: 90.00 to 121.00.

60% sold for: 65.00 to 89.00.

Lower 20% sold for: 65.00 & 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: 250.00-460.00.

Top Quality Holstein Heifer Calves: 100.00 to 240.00.

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: 170.00-245.00; 400 to 600 lbs: 170.00-235.00; 600 to 800 lbs: 160.00-225.00; Over 800 lbs: 140.00-190.00.

Beef Heifers: Under 400 lbs: 185.00-225.00; 400 to 600 lbs: 160.00-200.00; 600 to 800 lbs: 150.00-190.00; Over 800 lbs: 120.00-170.00.

Holstein Steers: Under 400 lbs: 130.00-165.00; 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: Nov. 20, 2023

COWS:

No Roll Cows: 100.00 to 110.00.

High Yielding Cutters & Utility: 70.00 to 80.00.

Cutters: 60.00 to 70.00.

Canners & Shells: 55.00 & down.

HOLSTEIN STEERS:

High Choice & Prime Holstein Steers, 1400-1600 lbs: 155.00 to 160.00.

Choice Holstein Steers: 150.00 to 154.00.

Select Steers: 130.00 to 140.00.

Unfinished Holstein Steers: 125.00 & down.

BEEF CATTLE:

Choice & Prime Angus Beef 1250-1600 lbs: 168.00 to 170.00.

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 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 625.00.

Dairy Heifer Calves: 50.00 to 150.00.

Boning Calves: 15.00 & down.

Premier Livestock: Nov. 20, 2023

MARKET COWS: Steady/higher

Selling Every Monday, Tuesday, Wednesday, Thursday

High Yielding Cows: 100.00 to 115.00.

Most Market Cows: 80.00 to 99.00.

Low Yielding Cows: 79.00 and down.

FED MARKET STEERS AND HEIFERS: Steady

High Choice & Prime Holstein Steers: 150.00 to 161.00.

Low Choice & Select Holstein Steers: 140.00-150.00.

Underfinished & Mixed Grading: 139.00 & down.

MARKET BULLS: Steady

High Yielding Bulls: 102.00 to 123.00.

Plainer Quality Bulls: 101.00 & down.

BABY CALVES: Steady

Most Holstein Bull Calves: 250.00-460.00.

Quality Beef Calves: 350.00 to 680.00.

Holstein Heifer Calves, Single Birth: 20.00-200.00.

Light and off quality calves: 100.00 & down.

Fennimore: Nov. 15, 2023

High Yield Slaughter Cows: .85-1.04/lb; Holstein Bulls & Calves: 95-120 lbs: 250.00-390.00; Light Weight & Poor Calves: 90.00-200.00; Holstein Heifer Calves: 125.00-150.00; Beef X-Bred Calves: 500.00-700.00.

National Cattle Summary: Nov. 20, 2023

For Friday in the Texas Panhandle negotiated cash trade was at a standstill. In Kansas negotiated cash trade was mostly inactive on light demand. In Nebraska negotiated cash trading cash trading was limited on light demand. For Friday Western Cornbelt negotiated cash trading was slow on light demand. Compared to Thursday live FOB purchases traded steady to 1.00 lower from 177.00-178.00. The most recent dressed delivered market in the Western Cornbelt was Thursday at 282.00.

Dairy Cattle Summary

Reedsville Equity Market: Nov. 14, 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. 20, 2023

FINISHED CATTLE:

Finished Beef Steers: 170.00-180.25; Mixed Grading: 133.00-169.50.

Finished Beef Heifers: 170.00-181.00; Mixed Grading: 120.00-169.50.

Finished Dairy Steers: 150.00-158.00; Silage Fed, Heavyweight, Select Grade, Lightweight: 117.00-149.50.

MARKET COWS:

Mostly: 73.00-94.00; Thin/shelly/full/overfed cows: 72.00 & down; Market Bulls: 101.00-123.50.

Bred Beef Cows & Heifers: N/A.

Calves: 95-125 lbs: 175.00-315.00; 150-250 lbs: N/A; Beef Calves: Up to 290.00; Lighter, Weaker, Younger Calves: 170.00 & down.

FEEDER CATTLE:

Beef Steers: under 600 lbs: Up to 195.00/cwt; 600-800 lbs: Up to 168.00/cwt; 800-1000 lbs: Up to 147.00/cwt; Beef Heifers: under 600 lbs: Up to 187.50/cwt; 600-800 lbs: Up to 130.00/cwt; 800-1000 lbs: Up to 152.00.

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: Nov 17, 2023

Compared to last week: Not enough comparable FOB sales for a trend. Demand moderate. Supply included: 100% Feeder Cattle (74.3% Steers, 25.7% 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 IN.

Sheep & Lambs

Fennimore: Nov. 15, 2023

Bucks: 0.80-1.35/lb. Ewes: 0.60-0.97/lb.; Choice Lambs: 1.39-1.80/lb; Feeding Lambs: 1.70-2.30/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. 20, 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. 20, 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. 21, 2023

As of 11/15/23: 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. 14, 2023

Feeder Lambs: 50-70 lbs: 125.00-230.00; 70-90 lbs: 150.00-190.00; Over 90 lbs: 125.00-210.00.

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

Utility & Good Ewes: 65.00-120.00; Thin & Cull Ewes: 60.00 & down; Yearling Ewes: N/A

Goats

Fennimore: Nov. 15, 2023

Slaughter Nannies: 1.00-1.25/lb.

Slaughter Billies: 1.55/2.55/lb.

Slaughter Kids (Dairy): 1.50-2.15/lb

Slaughter Kids (Boer): 2.60-3.70/lb

Johnson Creek Equity Market: Nov. 20, 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. 20, 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. 20, 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. 17, 2023

Compared to last week: Early weaned pigs and feeder pigs are 3.00 higher. Demand is good to moderate for heavy to moderate offerings.

Lomira Equity Market: Nov. 20, 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. 20, 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. 21, 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. 14, 2023

Feeder Pigs: 50 lbs and under: Up to 25.00/hd; 50-60 lbs: Up to 65.00/hd; 60-80lbs: Up to 45.00/hd; 80-100 lbs: Up to 130.00/hd; 100-120 lbs: Up to 135.00/hd.

Future prices for commodities for the week beginning November 21, 2023.

Grains

Cargill La Crosse: Nov. 07, 2023

CORN/SOYBEANS

Dec: 4.6900/-------

Jan.’24: -------/13.6875

Mar.’24: 4.8850/13.8475

May: 4.9900/13.9625

July: 5.0775/13.9925

Aug: -------/13.7575

Sept: 5.0900/13.2625

Nov: -------/13.0550

Dec: 5.1350/-------

Eggs

USDA Egg Report: Nov. 20, 2023

Midwest delivered prices are 29 cents higher for Extra Large and Large, 38 cents higher for Medium. Producer prices are 3 cents higher for Large, 8 cents higher for Medium, and 4 cents higher for Small. The undertone is generally fully steady to firm. Retail demand is moderate to good. Food service demand is mostly moderate. Offerings are light. Supplies range light to moderate. Market activity is moderate. All breaking stock prices are unchanged. The undertone is steady. Demand and offerings are very light to light. Supplies range light to moderate. Schedules vary for the upcoming Thanksgiving holiday. Market activity is moderate to slow.

Extra Large: 2.31-2.33; Large: 2.29-2.31; Medium: 2.14-2.16

Hay

Fennimore: Nov. 13, 2023

Large Square Hay: 165.00-225.00/ton; Lg. Round Dairy Quality Hay: 150.00-180.00/ton; Sm. Square Hay:4.00-5.00/bale; Dry Cow/Beef Cow Hay: 100.00-140.00/ton; Large Square Straw: 50.00/bale.

Lomira Equity Market: Nov. 20, 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. 21, 2023

Sale first and third Tuesday each month (as of 11/14/23):

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. 22, 2023

Hay, lg. Square: Premium: 260.00/ton; Good: 210.00-255.00/ton; Sm. Square: N/A; Hay, Lg. Round, N/A.

Straw, lg. square: Good, 3x3 41.00-61.00/bale; Sm. square: Good: 4.50/bale.

Grass, lg. square: Good: 185.00-220.00/ton; Lg. round: 190.00-195.00/ton.

Reedsville Equity Market: Nov. 21, 2023

High Quality 1st Crop Hay: 150.00-230.00/ton; Low Quality Hay: 145.00/ton and down; High Quality 2nd & 3rd Crop Hay: 170.00-240.00; Low Quality 2nd & 3rd crop hay: 165.00/ton. High Quality Straw: 90.00-120.00/ton; Low Quality Straw: 80.00/ton.

Cash futures for Class III milk for the week beginning November 21, 2023.

Dairy

Weekly Animal Feed, Central U.S.: Nov. 16, 2023

Dry whey prices moved higher on the bottom of the range, while holding steady elsewhere. Market tones have held somewhat steady since the price runup early in the month. Most reported spot trades are at or near $.40/lb. Milk is not abundant, yet, for Class III processing in the region. Cheesemakers continue to report spot milk loads above Class prices, and a number say offers have yet to start coming in at all, which is atypical this close to a major national holiday. Animal feed whey prices were unchanged this week on slow trading activity.

  • 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: .3500 - .4200; Mostly Range: Non-Hygroscopic, $/lb: .3700- .4100.

Dairy Market Review: Nov. 17, 2023

BUTTER: Grade AA closed at $2.4900. The weekly average for Grade AA is $2.6225 (-0.1785).

CHEESE: Barrels closed at $1.5600 and 40# blocks at $1.6000. The weekly average for barrels is $1.6530 (+0.0440) and blocks, $1.6220 (-0.0315).

CHEESE HIGHLIGHTS: Spot milk availability remains somewhat tight in the Midwest with spot milk prices hovering around $1-over Class. Nonfat dry milk usage in cheese processing has increased as a result of limited spot milk offers ahead of the holiday week. Midwest cheese demand is steady to stronger. Across the country, demand from the foodservice sector has dwindled as high menu prices have deterred customers. Contacts relay domestically produced cheese loads carry a premium price over internationally produced loads, causing light export demand.

BUTTER HIGHLIGHTS: Cream availability is increasing across all regions. Butter price on industry cash exchanges continue to fall to levels not seen since mid-summer. Butter processors in the Central region are also opting to micro-fix for the same reason. In the West, processors are utilizing some additional cream to operate stronger production schedules than in recent weeks. Holiday retail demand remains strong as many retail stores have butter on advertisements. Butter Bulk butter overages range from 2.0 to 10.0 cents over market value.

FLUID MILK HIGHLIGHTS: School breaks are here, and Class I needs have lightened somewhat. Still, as retailers gear up for some busy weeks ahead, that sector has offset some of the food service related drawdowns. Cheesemakers in the Central region continue to relay somewhat snug, particularly on the eve of a holiday week, milk availability. Spot milk prices in the Upper Midwest were reported from $.25- to $1-over Class, compared to $.50-under to $1-over Class during week 46 of 2022. Butter makers, ice cream manufacturers, and other cream end users are hesitant to add to end-of-year inventories, therefore cream has grown more difficult to place. However, contacts say that although they expect cream to be plentiful in the coming holiday week, it is still below the levels they typically see. Condensed skim has grown in availability throughout the country. F.O.B. cream multiples are 1.15-1.30 in the East, 1.14-1.28 in the Midwest, and 1.10-1.35 in the West.