organic dairy fluid overview organic dairy retail overview organic grain
DAIRY MARKET NEWS, MAY 29 - JUNE 2, 2017
-8ORGANIC DAIRY MARKET NEWS
VOLUME 84, REPORT 22
Information gathered May 22 - June 2, 2017
ORGANIC DAIRY FLUID OVERVIEW Domestic Organic Milk Sales and Sourcing – New England. In New England, Federal Milk Market Order 1 reports utilization of types of organic milk by pool plants. During April 2017, organic whole milk utilization totaled 13.546 million pounds, up slightly from 13.503 million in April 2016. The 2017 butterfat content was 3.28 percent, down from 3.29 percent in 2016. Organic reduced fat milk utilization for April this year, 19.254 million pounds, was down from 20.851 million in April last year. Butterfat percent for organic reduced fat milk was 1.29 percent this April, up from 1.20 percent last year.
ORGANIC DAIRY RETAIL OVERVIEW Organic Dairy Overview. This week, or ganic milk accounts for 57 percent of total organic dairy retail ad numbers by commodity. Organic yogurt ads accounted for 24 percent. followed by cheese, 15 percent, and sour cream was 2 percent of the total retail organic ads surveyed by commodity. Total organic ads saw a 103 percent hike compared to the previous report period. Milk ads rose significantly, 111 recent, driven by 8 oz. UHT packaging, and showed 8 times as many ads when compared to the previous week.
Selected organic dairy product pricing information from the current weekly survey is presented in the following table: NATIONAL RETAIL ORGANIC DAIRY (Wtd.Avg.Price)
Commodity
This Week …
Butter
Last Week
Last Year
$5.49
$6.37
Milk Half Gal. Gal. 8 oz.
$3.68 $5.88 $1.00
$3.74 … $1.00
$4.03 $6.14 $1.01
Yogurt 4-6 oz. 32 oz. 4-6 oz. 32 oz.
$1.22 … $1.20 $4.35
$1.02 … … $2.77
$1.25 … … …
Greek Greek Yogurt Yogurt
Regionally, the highest percentage change in organic milk ads was in the South East region, increasing 566 percent. Organic retail ads in the Northeast declined 64 percent, while the Southeast region posted the largest volume of organic ads. The following pie chart displays ad percentages for each organic dairy commodity surveyed.
Data source/graph USDA/AMS/Dairy Market News
Complete results of the weekly organic dairy retail survey including regional delineation, can be accessed at: https://www.ams.usda.gov/market-news/organic
ORGANIC GRAIN AND FEEDSTUFF MARKETS
Data source/graph USDA Dairy Market News
Advertising information presented is compiled from nearly 23,000 surveyed newspaper supermarket ads. Prices are valid from June 2-8, 2017, identifying weekly specials and containing organic dairy content. Retail survey ads reflect “advertised specials” and not the range of non-advertised supermarket cooler prices.
Grain and Feedstuff. This week, gr ower s’ bids on feed gr ade or ganic corn were $8.25 per bushel, f.o.b. farm gate. Feed grade corn demand and activity is good, while trading 31 cents higher. Feed grade soybean demand and activity are light. Trading prices range $17.10-$17.75 f.o.b. farm gate, with delivered elevator prices mostly $17.50 to $18.00. Meanwhile, rainy conditions have delayed corn and soybean planting across the U.S. Soybean meal transactions are virtually inactive on the spot market with limited exchanges occurring trades to trend. Sources report that feed wheat activity is moderate on good demand as bids range $8.00 to $9.00 delivered, as interest increases. Markets for soybean oil are light on good demand with no comparable trades to trend. Forward contract activity for organic grains is light. The market saw limited exchanges on barley and oats while trade on all other organic grains remains inactive. Organic hay trades were limited.
Additional livestock and grain market news information is available at: https://www.ams.usda.gov/mnreports/ lsbnof.pdf -CONTINUED ON PAGE 8A-
DAIRY MARKET NEWS, MAY 29 - JUNE 2, 2017
-8AORGANIC DAIRY MARKET NEWS Information gathered May 22 - June 2, 2017
-CONTINUED FROM PAGE 8 -
Foreign Price Pressure. Impor ts of soybean and cor n continue to exert price pressure on domestic soybean and corn, and to some extent set in place a cap on upward price movement for domestic feed. Recent reports suggest imports of organic soybeans have grown at an average rate of 29.1 percent per year, while imports of feed corn have grown 63.6 percent per year. The average delivered price for domestic corn in 2016 was $8.60 per bushel, compared to imports at $8.35 a bushel. Soybeans averaged $19.53 in domestic markets, while imports compared at $18.12.
VOLUME 84, REPORT 22
DAIRY MARKET NEWS, MAY 29 - JUNE 2, 2017
-8BORGANIC DAIRY MARKET NEWS Information gathered May 22 - June 2, 2017
VOLUME 84, REPORT 22
-8ORGANIC DAIRY MARKET NEWS
VOLUME 84, REPORT 22
Information gathered May 22 - June 2, 2017
ORGANIC DAIRY FLUID OVERVIEW Domestic Organic Milk Sales and Sourcing – New England. In New England, Federal Milk Market Order 1 reports utilization of types of organic milk by pool plants. During April 2017, organic whole milk utilization totaled 13.546 million pounds, up slightly from 13.503 million in April 2016. The 2017 butterfat content was 3.28 percent, down from 3.29 percent in 2016. Organic reduced fat milk utilization for April this year, 19.254 million pounds, was down from 20.851 million in April last year. Butterfat percent for organic reduced fat milk was 1.29 percent this April, up from 1.20 percent last year.
ORGANIC DAIRY RETAIL OVERVIEW Organic Dairy Overview. This week, or ganic milk accounts for 57 percent of total organic dairy retail ad numbers by commodity. Organic yogurt ads accounted for 24 percent. followed by cheese, 15 percent, and sour cream was 2 percent of the total retail organic ads surveyed by commodity. Total organic ads saw a 103 percent hike compared to the previous report period. Milk ads rose significantly, 111 recent, driven by 8 oz. UHT packaging, and showed 8 times as many ads when compared to the previous week.
Selected organic dairy product pricing information from the current weekly survey is presented in the following table: NATIONAL RETAIL ORGANIC DAIRY (Wtd.Avg.Price)
Commodity
This Week …
Butter
Last Week
Last Year
$5.49
$6.37
Milk Half Gal. Gal. 8 oz.
$3.68 $5.88 $1.00
$3.74 … $1.00
$4.03 $6.14 $1.01
Yogurt 4-6 oz. 32 oz. 4-6 oz. 32 oz.
$1.22 … $1.20 $4.35
$1.02 … … $2.77
$1.25 … … …
Greek Greek Yogurt Yogurt
Regionally, the highest percentage change in organic milk ads was in the South East region, increasing 566 percent. Organic retail ads in the Northeast declined 64 percent, while the Southeast region posted the largest volume of organic ads. The following pie chart displays ad percentages for each organic dairy commodity surveyed.
Data source/graph USDA/AMS/Dairy Market News
Complete results of the weekly organic dairy retail survey including regional delineation, can be accessed at: https://www.ams.usda.gov/market-news/organic
ORGANIC GRAIN AND FEEDSTUFF MARKETS
Data source/graph USDA Dairy Market News
Advertising information presented is compiled from nearly 23,000 surveyed newspaper supermarket ads. Prices are valid from June 2-8, 2017, identifying weekly specials and containing organic dairy content. Retail survey ads reflect “advertised specials” and not the range of non-advertised supermarket cooler prices.
Grain and Feedstuff. This week, gr ower s’ bids on feed gr ade or ganic corn were $8.25 per bushel, f.o.b. farm gate. Feed grade corn demand and activity is good, while trading 31 cents higher. Feed grade soybean demand and activity are light. Trading prices range $17.10-$17.75 f.o.b. farm gate, with delivered elevator prices mostly $17.50 to $18.00. Meanwhile, rainy conditions have delayed corn and soybean planting across the U.S. Soybean meal transactions are virtually inactive on the spot market with limited exchanges occurring trades to trend. Sources report that feed wheat activity is moderate on good demand as bids range $8.00 to $9.00 delivered, as interest increases. Markets for soybean oil are light on good demand with no comparable trades to trend. Forward contract activity for organic grains is light. The market saw limited exchanges on barley and oats while trade on all other organic grains remains inactive. Organic hay trades were limited.
Additional livestock and grain market news information is available at: https://www.ams.usda.gov/mnreports/ lsbnof.pdf -CONTINUED ON PAGE 8A-
DAIRY MARKET NEWS, MAY 29 - JUNE 2, 2017
-8AORGANIC DAIRY MARKET NEWS Information gathered May 22 - June 2, 2017
-CONTINUED FROM PAGE 8 -
Foreign Price Pressure. Impor ts of soybean and cor n continue to exert price pressure on domestic soybean and corn, and to some extent set in place a cap on upward price movement for domestic feed. Recent reports suggest imports of organic soybeans have grown at an average rate of 29.1 percent per year, while imports of feed corn have grown 63.6 percent per year. The average delivered price for domestic corn in 2016 was $8.60 per bushel, compared to imports at $8.35 a bushel. Soybeans averaged $19.53 in domestic markets, while imports compared at $18.12.
VOLUME 84, REPORT 22
DAIRY MARKET NEWS, MAY 29 - JUNE 2, 2017
-8BORGANIC DAIRY MARKET NEWS Information gathered May 22 - June 2, 2017
VOLUME 84, REPORT 22
