Higher feed costs may slow increase in milk production

 Higher feed costs may slow increase in milk production. I’m Greg Martin. Washington Ag Today is next

Washington Ag Today June 28, 2011 The latest dairy outlook from the USDA says milk production will increase this year and next, though the growth in 2012 may be less than previously thought. Outlook Board Chairman Jerry Bange says that’s because of lower output per cow due to higher feed costs.

BANGE: “Price wise we are looking at $19.85 for the 2011 year. That is up 65-cents. We have seen product prices be very strong really for these dairy products if you look at cheese, at whey, butter, you look at non-fat dry milk. All of those have been fairly strong prices.”

USDA’s current forecast for the 2012 all-milk price is 18-dollars-25-cents a hundredweight, down slightly over eight percent from 2011.

Now the Stockland Livestock Report:

McQUINESS: This is Jack McQuiness with Stockland Livestock here in Davenport. Nearly 500 cattle on the market here on Monday. Cows and bulls maybe a dollar lower. Best of the cows in the high 60’s and low 70’s. We had some good feeding cows consigned out of Montana that sold in the low 70’s. Bulls topped at 90 bucks and most of that trade in the mid to high 80’s. Feeder cattle in short supply but pretty good local demand. Some of these 700 to 750 pound steers up as high as a $1.27 here on Monday. No sale on the 4th. We’ll be back on the 11th with a regular cattle sale. Thanks for listening; thanks for your business.

Thanks Jack. I’m Greg Martin and that’s Washington Ag Today on Northwest Aginfo Net.