2016 All-Milk Price Declines 6%
2016 was supposed to be a better year, but price weakness last spring meant the All-Milk Price average for 2016 came in at $15.95/cwt, or $1.07 lower than 2015. And 2015 was down 29% from record high prices in 2014.
The All-Milk Price is the net pay price received by farmers after marketing costs are deducted. View all the 2016 All-Milk Prices calculated by USDA's Agricultural Marketing Service here. (Scroll to page 2 of link.)
The New England states saw the highest All-Milk price in the country last year, at $17.27. Florida, which usually leads the nation in milk price, came in at $17.23.
In terms of main-stream milk production, the Upper Midwest had some of the strongest prices of all the Federal Orders. The All-Milk Price averaged $16.60/cwt in the Upper Midwest Order--$16.59 in Wisconsin and $16.45 in Minnesota.
Some of the lowest milk prices in the Federal Order System were in Michigan, $14.31, and New Mexico, at $14.43.
California, which is now petitioning to join the Federal Orders, had an average mailbox price of $14.68 in 2016. USDA’s analysis of California’s Federal Order proposal suggests joining the system could raise California prices nearly 50¢/cwt.