May 28, 2020
Jim Dickrell
What seems like a distant and fond memory, USDA’s Agricultural Marketing Service reports 2019 mailbox milk prices averaged $17.89/cwt. It was the highest annual average since 2014.
The highest mailbox price average for the year came in Florida, which averaged $19.40 for the year, peaking there in November at $20.49.
But the highest monthly peak mailbox price in 2019 actually came in Minnesota in November, at $22.47. Wisconsin had the second highest peak mailbox price, also occurring in November, at $22.13. All Federal Orders averaged $20.11/cwt in November.
The lowest average 2019 mailbox price came in New Mexico, at $16.15. The Cornbelt states also failed to break $17 as an annual average, at $16.92.
The peak year for mailbox prices remains 2014, when prices averaged $24.04 for the year. It has been a roller coaster price ride ever since. Two of the lowest prices years in the last decade came in 2016 and 2018. See table.
Year All-Market Mailbox Price
2019 $17.89
2018 $15.72
2017 $17.31
2016 $15.95
2015 $17.02
2014 $24.04
2013 $20.06
2012 $18.56
2011 $20.20
2010 $16.29
dairyherd.com
Comments