2018 March Board Book

California Pool Prices

California Minimum Class Prices

Hundredweight Prices

Hundredweight Prices

Pool Price

Aug.

Sept. Oct.

Class

Oct.

Nov.

Dec.

Quota

$17.91 $16.21

$16.95 $15.25

$17.20 $15.50

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

$18.02 $18.49 $17.95 $18.30 $18.76 $18.23 $16.61 $16.61 $14.49 $16.84 $16.84 $14.73 $16.56 $16.56 $14.44 $14.51 $13.62 N/A $16.17 $15.52 N/A

Overbase

So. Calif.

Quota Transfer Summary

3

4a 4b

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

Oct.

Nov.

Dec.

13

2 2

20,098 866 1,130

$531 $528 $534

California Milk Production Cost Comparison, by Region, 2016-2017 Milk Production Cost Comparison Summary for California 2016-2017

North Coast

North Valley

South Valley

Southern California

Statewide

Weighted Average

Quarter

2016

2017

2016

2017

2016

2017

2016

2017

2016

2017

Dollars per Hundredweight

1st Quarter Total Costs

$28.57 $29.08 $17.07 $15.76 $16.45 $15.41 $16.28 $15.41 $16.94 $15.85

Total Costs & Allowances*

$30.65 $31.17 $18.53 $17.15 $17.95 $16.87 $17.77 $17.04 $18.44 $17.30

2nd Quarter Total Costs

$26.50 $27.00 $16.72 $15.44 $16.12 $15.38 $15.53 $15.02 $16.54 $15.65

Total Costs & Allowances*

$28.30 $28.94 $17.99 $16.75 $17.46 $16.76 $17.00 $16.50 $17.87 $17.01

* Includes an allowance for management and a return on investment.

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

Week Ending

October 20, 2017

October 27, 2017

November 3, 2017

November 10, 2017

Delivered

Tons

Price Range

Tons

Price Range

Tons

Price Range

Tons

Price Range

Tulare, Hanford Areas Supreme

275

$280-$295

2,210

$280-$302

850

$285-$290

3,525

$285-$305

1,420

$240-$275

3,400

$260-$285

750

$255-$275

1,400

$250-$290

Premium

1,175

$220-$238

1,950

$220-$245

1,375

$210-$250

2,230

$220-$255

Good

600

$180-$190

350

$180-$190

1,100

$185-$190

500

$185-$190

Fair

Escalon, Modesto, Turlock Areas Supreme

2,580

$280-$305

1,650

$280-$305

1,175

$285-$305

975

$285-$300

Premium

1,260

$260-$270

325

$258-$285

-

No Sales

250

$260-$270

Good

300

$210-$235

225

$210-$230

225

$210-$225

880

$220-$245

Fair

-

No Sales

100

$185

150

$185

750

$185-$190

Source: The Hoyt Report, Inc.

California Dairy Review