2018 March Board Book

California Minimum Class Prices

California Pool Prices

Hundredweight Prices

Hundredweight Prices

Pool Price Sept.

Oct. Nov.

Class

Nov.

Dec.

Jan.

Quota

$16.95 $15.25

$17.20 $15.50

$16.72 $15.02

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

$18.49 $17.95 $16.07 $18.76 $18.23 $16.35 $16.61 $14.49 $14.49 $16.84 $14.73 $14.73 $16.56 $14.44 $14.44 $13.62 $13.36 N/A $15.52 $13.52 N/A

Overbase

So. Calif.

3

California Milk Production

4a 4b

Average Daily Basis, 2015 - 2017 CALIFORNIA MILK PRODUCTION Average Daily Basis 2015, 2016, 2017

125

Quota Transfer Summary

120

Quota Transfers Number of Sellers Pounds of SNF Quota Transferred Average Price Per Pound of SNF Quota

Nov. Dec.

Jan.

2

2 4

115

866 1,130 2,913

110

$528 $534 $528

In Million Pounds

105

100

1

2

3

4

5

6

7

8

9

10

11

12

2015

2016

2017

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

Week Ending

November 17, 2017

December 1, 2017

December 8, 2017

December 15, 2017

Delivered

Tons

Price Range

Tons

Price Range

Tons

Price Range

Tons

Price Range

Tulare, Hanford Areas Supreme

250

$290-$300

500

$295

600

$290-$310

-

No Sales

1,000

$258-$270

1,275

$255-$270

350

$255-$270

125

$260-$265

Premium

780

$215-$250

5,544

$215-$245

4,580

$220-$260

1,900

$225-$258

Good

150

$190

-

No Sales

1,200

$205

200

$205

Fair

Escalon, Modesto, Turlock Areas Supreme

900

$285-$300

300

$295

625

$295-$305

50

$300

Premium

125

$265-$270

250

$258-$265

175

$265-$275

300

$270

Good

-

No Sales

350

$225-$260

425

$240-$250

50

$230

Fair

200

$190-$200

510

$185-$200

200

$195-$200

300

$205

* Week ending November 24 not available

Source: The Hoyt Report, Inc.

California Dairy Review