139.500, up cent from a week earlier. Feed prices are virtually stagnate, reflecting local market conditions, and lack of an enthusiastic export trade. This situation favors dairy and livestock producers. Total milk supplies may be easing a bit, but no one wants to say so for certain. Supples available for all uses in the Northeast and East are near normal but vary, almost daily and for sure weekly.
Weather is back to what is considered seasonally normal.
Those watching the slaughter numbers are noticing that dairy cow slaughter is picking up. The US milking herd is slightly lower. Product prices are gaining just slightly due mostly to variable milk supplies and descent sales in some regions. Futures prices are lower, reflecting the fact that seasonal supplies are back to near normal and that feed prices are good for milk production. The drop in futures prices, has many producers thinking that it may be a good idea to hedge.