MD_DA902

     Organic Dairy Fluid Overview

     Report 42 - Released on October 20, 2023

NOTICE: After October 23, 2023, all information found on this report will transition to a new PDF format. 
The same data will be collected and disseminated through AMS Marketing Analysis and Reporting 
Services (MARS) platform. The new pdf report can be accessed on the AMS website at:
https://www.ams.usda.gov/mnreports/ams_1594.pdf

     ORGANIC DAIRY FLUID OVERVIEW

     Organic Milk Utilization and Fat Content. Federal Milk Market Order 1, in New England,
     reports utilization of types of organic milk by pool plants. During September 2023, organic
     whole milk utilization totaled 14.7 million pounds, down from 17.6 million pounds the
     previous year. The butterfat content, 3.28 percent, is higher compared to 3.27 percent a
     year ago. The utilization of organic reduced fat milk, 13.7 million pounds, decreased from
     17.4 million pounds a year ago. The butterfat content, 1.48 percent, is up from 1.35
     percent the previous year.

     European Average Organic Milk Pay Prices. The August 2023 European organic milk average pay
     price declined in Germany and Bavaria, compared to August 2023 average pay prices, but
     prices increased in France, compared to August 2023 average pay prices. Additional
     information is shown in the table below.

                            Organic Milk Pay Prices in Europe
                                       August 2023

                   Euros/100L   *($USD/100L)          % Change          % Change
                                                     July 2023       August 2022
       Germany         54.45       $57.67               - 1.07           -  7.90
       Bavaria         54.60       $57.82               - 1.28           -  6.31
       France          51.08       $54.10               + 1.56           +  3.22

       *Results are based on the Oct. 20, 2023, exchange rate.

     Organic Cow Auction Prices. In a recent report from a Pacific Northwest livestock auction,
     organic cull cows traded lower than conventional cull cows. The average price for the top
     10 organic cows auctioned was $93.74 per hundredweight, compared to an average price of
     $128.70 per hundredweight for auctioned top 10 conventional cows.


     ORGANIC GRAIN FEEDSTUFF OVERVIEW

     National Organic Grain Feedstuff. Compared to last period, trade activity and demand is
     moderate on organic feed corn and soybeans. Organic feed corn sold 38 cents lower delivered
     elevator, down 2.19 delivered elevator from a year ago. The bulk of corn trades were forward
     contracts for Q4 2023 - Q2 2024. Organic feed corn bids were 25 to 50 cents lower from the
     prior period. Organic feed soybeans sold 1.14 lower delivered elevator, down 10.31
     delivered elevator from a year ago. Forward contracts were active for Q4 2023 through Q1
     2024 delivery. Organic feed soybean bids were steady to 1.00 lower from the prior period.
     Organic feed wheat traded 58 cents lower delivered elevator compared to a month ago. Trades
     were inactive on all other organic grains.



     Information for the period October 9 - 20, 2023, issued biweekly

     Published by:
     Dairy Market News - Madison, WI
     DANIEL JOHNSON, 608-422-8605
     Email: daniel.johnson4@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov