Friday, Feb. 19, 2010

Farm milk price steady

California dairy farmers will earn about the same amount for milk next month. The California Department of Food and Agriculture says all of the commodities used to set the price remained flat. The average price per gallon to farmers will remain at $1.42. The price per hundredweight will be $16.44 for Northern California and $16.71 for Southern California producers. The average milk production cost per hundredweight in the third quarter was $16.17, so farmers may earn a small profit.