Value of Wisconsin Milk Not as High in 2012
Wisconsin Ag Connection - 04/30/2013
Wisconsin milk production has increased each and every year since 2008, but the value of that milk has dropped a little during the past year.
According to new figures from the USDA, Wisconsin farmers produced 26.9 billion pounds of milk in 2012. That's up from 25.7 billion in 2011. But gross producer income fell from $5.237 billion in 2011 to $5.232 billion in 2012.
Meanwhile, average yearly price per hundredweight of milk fluctuated during the past five years at $18.90, $13.10, $16.10, $20.30 and $19.40, respectively.
Cash receipts on all of Wisconsin's dairy farms were slightly lower last year compared to 2011 at $4.2 billion. The five year average was about $4.49 billion.