Upper Midwest milk production underpins slight national uptick
The milk production numbers for April released on Monday of this week showed a distinct national trend - increases in the Upper Midwest and decreases in the south and southwest when compared to a year ago.
This combination resulted in a slight .3-percent increase for the top 23 milk-producing states and a .2-percent increase for the nation as a whole on the April comparisons.
The national total for April was 17.270 billion pounds of milk compared to 17.232 billion in April of 2012.
Wisconsin's milk production for April was reported as 2.315 billion pounds - an increase of 1.3 percent from a year ago.
This continued the state's string of record milk volumes that has stretched to 21 consecutive months when compared to the same month in the previous year.
Other states that contributed to the slight overall higher milk volume for April were Minnesota at 1.8 percent to 784 million pounds, Michigan at 1.3 percent to 760 million pounds, Indiana at 3.1 percent to 337 million pounds, and Kansas at 6.4 percent to 248 million pounds.
New York posted a 1.7-percent increase to 1.138 billion pounds of milk for April.
On the down side, California's production slid by .2-percent to 3.626 billion pounds. Texas was down by 3.2 percent to 816 million pounds for April, New Mexico by 2.5 percent to 700 million pounds, and Arizona by 1.7 percent.
Missouri lost another 5.9 percent in milk production while Florida was down by 2.7 percent.
After a busy start to the week, the spot market for Cheddar cheese on the Chicago Mercantile Exchange was quiet on Wednesday of this week with prices standing at $1.76 per pound for blocks and $1.73 for barrels.
On Monday and Tuesday of this week, a total of nine carloads of blocks and five of barrels were sold in the spot market.
The AA butter spot market picked up for the slack on the cheese side on Wednesday with six carload sales to boost the total to 11 for the week. The spot market also had one uncovered offer to sell and one unfilled bid to buy as the price fell by another three cents per pound to close at $1.5650.
There was no activity in the non-fat dry milk spot market on Wednesday. Prices remained at $1.68 per pound for Grade A and $1.70 for Grade Extra, which is where they have been since May 15.
The dry whey futures market prices were mixed on Wednesday of this week. For the remaining months of 2013, they stood in a 55.25-57.75 cents per pound range.
Except for 12-14 cent per hundred decreases for July through September of 2013, the Class III milk futures showed little movement on Wednesday of this week. Most of the day's trading volume was concentrated from June through August.
Near the end of the trading session, prices stood in the $18s per hundred for all months through November of 2013 before dipping into the $17s for most months of 2014 and then the $16s per hundred for the final quarter of 2014.
Cooperatives Working Together has announced the receipt of a package of nine bids from Bongard's Creameries in Minnesota, Darigold Cooperative at Seattle, and Dairy Farmers of America.
The bids were for financial assistance on the export of 3.016 million pounds of Cheddar and Monterey Jack cheese to countries in Asia, North Africa, and the Middle East. The deliveries are scheduled from May-September.