USDA issues its August Ag Prices report tomorrow afternoon. It includes the latest milk-feed price ratio, as well as the feed cost adjuster to determine the July Milk Income Loss Contract (MILC) program payment.
Looking ahead to next week, Monday is the Labor Day holiday. The California Department of Food and Agriculture issues its August 4a and 4b milk prices on Tuesday, Sept. 3. The July Dairy Products report is out on Wednesday, Sept. 4. August federal order Class II, III & IV prices are announced on Thursday, Sept. 5.