Milk prices drop in December

Published: Jan. 5, 2021 at 7:09 AM CST
Email This Link
Share on Pinterest
Share on LinkedIn

ALTOONA, Wis. (WEAU) - Dairy farmers saw a big drop in their milk price in December. The Class 3 price for the month fell to $15.72—that’s $7.62 less than November and $3.65 less than last November. The average Class 3 price for last year was $18.16 with 4 months over $20 but with a low price of just $12.24 in May.

Before those December price drops, things were looking up. The November all milk price across the state was $22.70—up $1.20 from October and 20 cents better than last November. That Wisconsin price was also $1.30 higher than the national average price as all 24 of the top milk producing states, except Idaho, saw higher prices for the month. Oregon had the highest price at $25.90 a hundred. The lowest price was in Michigan at $18.50.

Prices for other major commodities produced in the state were mixed in November. Corn averaged $3.57 a bushel—up 20 cents from October and a nickel more than last November. Soybeans brought $10.40 a bushel—up 95 cents from October and $2.01 more than a year ago. The oats price averaged $2.37 a bushel—down 6 cents from October and $1.08 less than last November. All hay prices averaged $186 for the month—up $28 from October but down $37 a ton from a year ago. Alfalfa hay brought $196 in November—up $26 from October but $36 less than a year ago.

Agriculture Secretary announced a new round of funding for the Farmers to Families Food Box Program. So far that program has given out more than 132 million food boxes, or about 3.3 billion meals, to support people in this country who are in need of such help. This new round of funding totals 1 and a half billion dollars to buy farm products and process them for delivery and distribution to food pantries and shelters across the country. This will be the 5th round of funding for the program.

The next general sign-ups for the Conservation Reserve Program began yesterday and will run through February 21st. The program, begun in 1985, encourages landowners to set aside sensitive or low yielding acres and plant them in grasses or other wildlife habitat improving species and receive a rental check in return. County Farm Service Agency offices are again handling the sign-ups.

Copyright 2021 WEAU. All rights reserved.