A46-Lancaster Farming, Saturday, February 3,2001
(Continued from Page Al 6)
market is responding to a tight
ening in the nation’s milk
supply. December milk produc
tion for 20-select states was
about even with a year ago. And
cow numbers for the first time in
a couple of years started declin
ing from the prior month. We
ended 2000 With a relatively
tight inventory for butter. That
THANKS AND CONCHA TULA TIONS. ..
Scott Jill Youse with son Patrick; Julie,' Jan, Dick &
All-new 250 Cow Freestall Barn and Milking Center with Hospital and Special Needs Area, Palpation Rail, Tunnel
Ventilation throughout. Designed & Built by Triple H Construction. Ephrata, PA
OTHER FEATURES
Bou-Matic Dbl 10 Xpressway Parallel Parlor expandable
to a Dbl 16 with basement. Featuring Bou-Matic
Automation throughout. Installed and Serviced by
Jones Dairy Service. Massey, MD.
r TRIPLE H
/Construction
/// f 430 Springville Road,
*Ephrata, PA 17522
Custom Builders of _ _ . . _
Dairy, Horse, 717-738-2142
Residential & 1-(800)-874-7531
Buildings 1-(800)-TRIPLE-1
means butterfat will be very
tight in 2001. Look for butter
and Class IV prices to be pricey.
So, here is my expert forecast
for 2001: actual milk prices for
the next 12 month will be either
higher or lower than what the
futures markets is predicting.
VAjle my readers may be
duckling at this point, the
answer really is true. My point is
MMI M.«
the futures market is providing
decent prices for 2001 and real
prices will likely turn out to be
higher or lower.
In other news, USD A an
nounced the advance prices for
February 2001. These prices will
determine the Class I base price
and the Class II skim price for
February. They are based on the
following two-week product
price averages from January
($/lb): butter: $1.1279; nonfat
JONES DAIRY SERVICE
12667 Massey Rd.
ujorkinq^orffou MaSSCy* MD
" 1-800-801-2082
dry milk: $1.0172; cheese:
$1.1340; and dry whey: $0.2446.
The advance Class 111 pricing
factor at 3.5 percent butterfat
was $10.06 per cwt. The ad
vanced Class IV pricing factor
at 3.5 percent butterfat was
$11.94 per cwt. The higher of
these two prices was $11.94,
which istjbeClass I base price at
Oakland View
Farms LLC
All New Daily Facility featurlqm
a Bou-Matic Dbl 10 Xpresswty
• Financing by Mid-Atlantic
Farm Credit, Denton, MD
• Norbco Stalls, Gates, Fencing,
& Sidewall Curtains
• Aerotech Tunnel Ventilation
• Houle Alley Scraper & Pump
• Waterflush System in holding area
• Rubber Mats in holding area
OPEN HOUSE COMING UP...
THURSDAY, APRIL 5, 2001
Ridgely, MD
Parallel Parlor
Credit has been lending to
dairy farmers for over 80 years.
We can help you with
❖ Building dairy facilities ❖Purchasing equipment
❖lncreasing herd size ❖Operating loans
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” Farm Credit
3.5 percent butterfai. aus the
Boston Class I price for Febru
ary 2001, for example, will be
$15.19 per cwt (11.94+3.25). The
Class I differential for Boston is
equal to $3.25 per cwt.
For more information regard
ing milk markets, see my Web
site at www.aers.psu.edu/
dairy outlook/.
-v^,-^
1-800-442-7334
www midatlanticfarmcredit com
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