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Articles by Alex Tebbe
How much is a forage worth to a dairy cow?
One factor to consider when determining the price dairy farmers should pay for a forage is the ability of the forage to support milk production. That ability is based on the nutrient composition of the forage and the effect the forage has on feed intake. Two common indices of forage quality, relative feed value (RFV) and relative forage quality (RFQ), are often used to price hay (higher RFV or RFQ = higher price).
How much is a forage worth to a dairy cow?
One factor to consider when determining the price dairy farmers should pay for a forage is the ability of the forage to support milk production. That ability is based on the nutrient composition of the forage and the effect the forage has on feed intake. Two common indices of forage quality, relative feed value (RFV) and relative forage quality (RFQ), are often used to price hay (higher RFV or RFQ = higher price).
Appraising forages with dollars and sense
Tebbe is a graduate research assistant and Weiss is a professor of dairy nutrition with The Ohio State University, The Ohio Agricultural Research and Development Center, Wooster, Ohio Whether you are in the business of growing and selling forages or feeding cattle, correctly assigning the economic value of forages can impact profitability.
Appraising forages with dollars and sense
Tebbe is a graduate research assistant and Weiss is a professor of dairy nutrition with The Ohio State University, The Ohio Agricultural Research and Development Center, Wooster, Ohio Whether you are in the business of growing and selling forages or feeding cattle, correctly assigning the economic value of forages can impact profitability.
Low Milk Prices: How Long Will This Last?
Note: This story is part of Ohio State University's Buckeye Dairy News Milk Prices, Costs of Nutrients, Margins, and Comparison of Feedstuffs Prices series. In the last issue, the Class III component prices for November and December were at $15.52 and $14.50/cwt., respectively. The Class III component prices for the month of November and December actually closed much lower at $14.44 and $13.78/cwt.
Milk Prices Are Getting Ugly; At Least Feed Prices are Low, Too | Dairy Herd Management
For the current issue, the Class III component price for November closed at $16.88/cwt and then decreased to $15.44/cwt in December. The January Class III futures price is unchanged at $15.44/cwt, but it is projected to drop down to $14.25/cwt in February. The USDA has also dropped their predicted all milk price for 2018 to $15.80, down about $0.80/cwt since the last issue. In short, milk prices will not be very good for a little while.
Milk Prices in Ohio on the Rise
In the last issue, the Class III price for March and April closed at $15.81 and $15.22/cwt, respectively. For the months of May and June, the Class III price was projected to be stagnant at $15.20 and $15.30/cwt, respectively. The Class III component price for the month of May actually closed slightly higher at $15.57/cwt, and then increased about 90¢/cwt in June ($16.44/cwt).
Milk Prices: Better but not best
In the last issue, the July Class III future price was projected to be $13.16/cwt and then jump to $15.07/cwt in August. The Class III price for July and August actually closed much higher than expected at $15.26/cwt and to $16.91/cwt, respectively. One year ago, the Class III milk price in Ohio was over $1/cwt higher at $16.33 for July and $0.64/ cwt lower at $16.27/cwt in August of 2015.
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