New York milk producer prices fall 4 percent from prior month

Milk prices at the producer level in New York state remained elevated in the latest month but prices tempered from previous months. New York dairy farms were paid an average of $24.90 per hundredweight of milk in December, down 4.2 percent from $26 in November, but were still 13.2 percent higher than the $22 average in December […]

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Milk prices at the producer level in New York state remained elevated in the latest month but prices tempered from previous months.

New York dairy farms were paid an average of $24.90 per hundredweight of milk in December, down 4.2 percent from $26 in November, but were still 13.2 percent higher than the $22 average in December 2021.

The data is from the monthly milk-production report that the USDA’s National Agricultural Statistics Service (NASS) issued on Feb. 22. The year-over-year price rise was lower than the 22 percent and 34 percent increases seen in the preceding two months of NASS reports, respectively.

New York dairy farms produced 1.342 billion pounds of milk in January, up 3.5 percent from 1.296 billion pounds in the year-ago month. Milk production per cow in the Empire State averaged 2,130 pounds in the first month of 2023, up 1.9 percent from 2,090 pounds in January 2022. The number of milk cows on farms in New York totaled 630,000 head in January, up 1.6 percent from 620,000 head in the year-prior month, NASS reported.   

Jornal Staff: