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October milk price should average $21.10

The U.S. milk price should average $21.10 per hundredweight for October, up $1.50 from September. The National Ag Statistics Service says all of the 23 major milk-producing states will see at least a $1.00 increase from September with Idaho, Minnesota and Wisconsin increasing $1.60. California is up $1.58. Pennsylvania, Michigan and New Mexico each gain $1.50.

Commercial disappearance of dairy products during the first eight months of 2012 is 134.9 billion pounds, 2.7 percent more than the same period in 2011. Compared to a year ago, butter use is up 4.4 percent, American type cheese disappearance is 2.2 percent higher, other cheese disappearance is 2.3 percent higher and nonfat dry milk use is 36 percent above a year ago. Fluid milk disappearance is 1.8 percent lower.

The national weighted average advertised price for organic milk in half-gallons was $3.48 last week, down 12 cents from two weeks ago. That compares to an average of $2.21 for a half-gallon of conventional milk. That puts the organic-to-conventional spread at $1.27 down 80 cents from two weeks ago.

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