Here’s some good news for dairy farmers New Year: milk prices are starting to rise.
The December all-milk price, according to the USDA, is $16.30 per hundredweight. That is up 44 percent from the lows registered this past summer. USDA used the $16.30 figure to compute the milk-feed ratio released in Wednesday’s “Agricultural Prices” report.
Here are the all-milk prices for 2009:
Jan. $13.30
Feb. $11.60
March $11.80
April $11.90
May $11.60
June $11.30
July $11.30
Aug. $12.00
Sept. $12.90
Oct. $14.20
Nov. $15.30
Dec. $16.30*
*Preliminary
Source: USDA & Dairy Herd Management