The National Ag Statistics Service says the average U.S. milk price for August should increase 60 cents from July to $16.60 per cwt. All states are expecting an increase in price from July with Wisconsin producers getting the largest gain of $1.00 per hundredweight to $16.60. It was followed by Idaho with a 90 cent increase to $15.50, New Mexico with an 80 cent increase to $16.20 and Minnesota with a 70 cent increase to $16.10. California producers will see a 62 cent increase to $15.50. Pennsylvania’s price for August milk is $18.70 and New York is $17.90. Michigan is at $17.30 and Texas is $17.10.
For the first time in five months, prices were up at the Fonterra auction. Daily Dairy Report says anhydrous milk fat was up 9.5 percent from the August sale, skim milk powder was 15.8 percent higher and whole milk powder gained 18.8 percent from last month. The auction will now be held twice a month so the next sale will be September 15th.
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