Replacement Heifer Prices Hit Monumental Highs

Compared to five years ago, today’s Holstein springer values are double to triple and still on the rise.

Heifers in a feedline.
Heifers in a feedline.
(Maureen Hanson)

Compared to 5 years ago, today’s Holstein springer values are double to triple and still on the rise. As an example, October 2019 prices for high-quality springers in Turlock, Calif. ranged from $1,300-1,600/head, compared to $2,800-3,600 for the same month in 2024. Even compared to a year ago, springer values have seen a healthy bump, jumping from $2,400-2,675 in Pipestone, Minn. in October 2023 to about $3,700-3,850 today.

Calf prices, too, have made a stunning transformation. In October 2019, Holstein heifer calves were practically being given away at $5-50/head in one Wisconsin market, and $18-26/head at another in Pennsylvania. Today’s heifer calf values hang steadily in the $300-500 range nationwide, as beef-cross calves also continue a mind-boggling run with current values still sometimes exceeding $1,000/head. In the most recent Livestock, Dairy and Poultry Report, USDA economists predict that tight dairy replacement heifer inventories will keep a lid on U.S. milk production as producers hang onto aging cows to keep their stalls full.

Springing Heifers

Heifer Calves

Beef Cross Calves

Location (sale date)

Supreme/Top

Approved/Medium

90-120 pounds

60-100 pounds

Turlock, Calif. (10-25-24)

$2,800-3,600

$2,000-2,700

--

--

Lomira, Wis. (10-30-24)

$1,800-2,400

$1,200-1,700

$290-550

$700-1,080

Pipestone, Minn. (10-17-24)

$3,700-3,850

$3,500-3,700

No test

No test

New Holland, Pa. (10-24-24)

No report

No report

$500-775

$750-1,050

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