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commodity
Today’s commodity report: California Weekly Hay, Direct Feeder Cattle Review, California Shell Eggs: Daily Egg Report, Shell Eggs: Daily National Egg Market and other commodity end of the day market numbers.

California Weekly Hay

Compared to last week: All classes traded steady with moderate demand. According the U.S. Drought Monitor, the NWS 6- to 10-day outlook for March 28 – April 1 calls for near- to above-normal temperatures and precipitation over most of the nation, with cooler-than-normal conditions confined to northern New England and drier-than-normal weather limited to California and southern Florida. Check ending market prices. →

Navel Orange Production Forecast

Navel orange
The initial 2016-17 Navel orange forecast is 84.0 million cartons, according to a survey conducted by USDA’s National Agricultural Statistics Service.  Of the total Navel orange forecast, 81.0 million cartons are estimated to be in the Central Valley. This forecast is based on the results of the 2016-17 Navel Orange Objective Measurement (O.M.) Survey, which was conducted from July 9 to September 1, 2016. Estimated fruit set per tree, fruit diameter, trees per acre, bearing acreage, and oranges per box were used in the statistical models estimating production. Continue reading

Commodity trading
Today’s commodity report: Fluid Milk and Cream Review, California F.O.B. Price for Extra Grade and Grade A Nonfat Dry Milk, California Shell Eggs: Daily Egg Report, Shell Eggs: Daily National Egg Market and other commodity end of the day market numbers.

Fluid Milk and Cream Review

Check ending market prices. →

Dairy Management Inc.FARMJune and July data and statistics from the Agriculture Department have painted an increasingly compelling picture of a slow but steady recovery in U.S. dairy markets. The national average all-milk price rose $0.30 per hundredweight in June, while the July federal order prices showed particular upward buoyancy for Class III,Class IV and even the lagged Class I prices. In the second quarter of 2016,the size of the national milking herd barely changed from a year earlier, while commercial milk use increased more than twice as fast as milk production. Continue reading

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