|Missouri Dairy Business Update|
|Volume 4, Number 8|
According to the August Livestock, Dairy, & Poultry Outlook
"Prices of dairy cow replacements hit a record $1,720 per head in July, up more than $400 from a year earlier. Replacement prices jumped since early 2004 mostly because record milk prices boosted demand for dairy heifers. However, the difference between the average replacement price during April-Junn and the slaughter value for dairy cows was considerably less than it had been during late 2001 and most of 2002 because of higher cull cow prices.
The inventory of dairy replacement heifers (500 pounds and more)
stood at 3.6
Increased demand for replacements has had the greatest impact on
The second quarter difference between a cow’s purchase price and
salvage value was
Check the Heifers web page on the Missouri Dairymen's Resource Guide for the latest heifer prices in Missouri and around the country. An excel spreadsheet listing historical prices for dairy heifers by weight range at the Mammouth Cave Kentucky Dairy Sale is available as a free download.