2018 September Board Book

California Pool Prices

California Minimum Class Prices

Hundredweight Prices

Hundredweight Prices

Class

Jun.

Jul.

Aug.

Pool Price Apr.

May. Jun.

Quota

$15.36 $13.66

$15.93 $14.23

$15.94 $14.24

1 No. Calif. So. Calif. 2 No. Calif.

$17.19 $16.86 $16.14 $17.46 $17.13 $16.41 $14.10 $14.10 $14.40 $14.33 $14.33 $14.63 $14.05 $14.05 $14.35 $14.22 $13.72 N/A $14.43 $14.09 N/A

Overbase

So. Calif.

3

California Milk Production

4a 4b

Average Daily Basis, 2016 - 2018

CALIFORNIA MILK PRODUCTION Average Daily Basis 2016, 2017, 2018

Quota Transfer Summary

120

Quota Transfers Number of Sellers

Jun.

Jul. Aug.

115

3

5

11

Pounds of SNF Quota Transferred 6,291 7,276 15,168 Average Price Per Pound of SNF Quota $538 $539 $534

110

In Million Pounds

105

100

1

2

3

4

5

6

7

8

9

10

11

12

2016

2017

2018

California Alfalfa Hay WeeklyWeighted Average Prices ($/Ton) − Delivered

Week Ending

June 22, 2018

June 29, 2018

July 6, 2018

July 13, 2018

Delivered

Tons

Price Range

Tons

Price Range

Tons

Price Range

Tons

Price Range

Tulare, Hanford Areas Supreme

550

$285-$295

4,425

$285-$290

-

No Sales

300

$285

4,785

$273-$280

1,325

$267-$282

-

No Sales

1,325

$265-$272

Premium

2,400

$250-$270

1,125

$245-$265

1,525

$240-$255

1,625

$235-$257

Good

2,050

$220-$235

750

$230-$235

5,600

$225-$235

2,526

$210-$225

Fair

Escalon, Modesto, Turlock Areas Supreme

425

$285-$290

500

$285-$290

850

$285-$290

200

$280-$285

Premium

1,025

$268-$280

1,550

$270-$275

2,725

$265-$275

700

$260-$275

Good

400

$240-$270

750

$240-$250

1,050

$220-$250

400

$230-$250

Fair

475

$210-$220

1,300

$215-$220

4,450

$200-$215

1,125

$190-$212

Source: The Hoyt Report, Inc.

2

California Dairy Review