2018 May Board Book

CDFA A nnounces Grant Funding Available For The 2018 Alternative Manure Management Program The California Department of Food and Agriculture is now accepting applications for the 2018 Alternative Manure Management Program (AMMP). The AMMP is one of two programs designed by CDFA to reduce dairy and livestock greenhouse gas emissions. The program will provide $19-$33 million in grants to California dairy and livestock operators to implement non-digester manure management practices that reduce methane emissions. Applicants must access the 2018 Request for Grant Applications at www.cdfa.ca.gov/oefi/ammp/ for detailed program requirements and application instructions. CDFA has partnered with the State Water Resources Control Board to utilize its online application site, the Financial Assistance Application Submittal Tool (FAAST). All prospective applicants must register for a FAAST account at https://faast.waterboards.ca.gov to apply. Applications and all supporting information must be submitted electronically using FAAST by Tuesday, May 22, 2018 at 5:00 p.m. PDT.

California Minimum Class Prices

California Pool Prices

Hundredweight Prices

Hundredweight Prices

Class

Feb.

Mar.

Apr.

Pool Price Dec.

Jan. Feb.

Quota

$15.40 $13.70

$14.94 $13.24

$14.71 $13.01

1 No. Calif. So. Calif. 2 No. Calif.

$15.47 $15.20 $15.97 $15.74 $15.47 $16.24 $13.57 $13.57 $13.29 $13.81 $13.81 $13.52 $13.52 $13.52 $13.24 $12.72 $13.01 N/A $13.38 $13.96 N/A

Overbase

California Milk Production Average Daily Basis, 2016 - 2018 CALIFORNIA MILK PRODUCTION Average Daily Basis 2016, 2017, 2018

So. Calif.

3

4a 4b

120

115

Quota Transfer Summary

Quota Transfers Number of Sellers Pounds of SNF Quota Transferred Average Price Per Pound of SNF Quota

Feb.

Mar.

Apr.

110

6

3 4

In MillionPounds

105

8,958 5,035 5,466

$536 $527 $533

100

1

2

3

4

5

6

7

8

9

10

11

12

2016

2017

2018

California Alfalfa Hay WeeklyWeighted Average Prices ($/Ton) − Delivered * Week Ending Februay 23, 2018 March 2, 2018 March 9, 2018 March 23, 2018 Delivered Tons Price Range Tons Price Range Tons Price Range Tons Price Range Tulare, Hanford Areas Supreme 450 $285-$295 925 $285-$295 2,475 $285-$295 3,250 $285-$295 Premium 1,100 $275-$280 1,150 $265-$280 100 $260-$275 3,325 $260-$285 Good - No Sales 450 $255-$265 - No Sales 534 $250-$260 Fair 300 $225-$230 575 $220-$235 200 $230-$235 600 $225-$235 Escalon, Modesto, Turlock Areas Supreme 250 $290-$300 350 $285-$300 - No Sales 250 $285-$290 Premium 50 $275 625 $265-$275 275 $278-$285 325 $270-$278 Good 50 $250 75 $250-$268 - No Sales 75 $260-$268 Fair - No Sales 50 $228 250 $210-$230 125 $210-$225

* Week ending March16 not available

Source: The Hoyt Report, Inc.

2

California Dairy Review