Dairy Products Prices National Agricultural Statistics Service Dairy Products Prices Highlights Cheddar Cheese prices received for US 40 pound Blocks averaged $1.99 per pound for the week ending December 29. The price per pound decreased 9.5 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $2.02 per pound, down 7.7 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.31 per pound for the week ending December 29. The U.S. price per pound decreased 0.6 cents from the previous week. Nonfat Dry Milk prices received for bag, tote and tanker sales meeting USDA Extra Grade or USPH Grade A standards averaged $1.64 per pound for the week ending December 29. The U.S. price per pound decreased 20.0 cents from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 44.3 cents per pound for the week ending December 29. The U.S. price per pound decreased 0.3 cents from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Dec 29, : Dec 22, : Dec 15, : Dec 8, : Dec 1, : 2007 : 2007 : 2007 : 2007 : 2007 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 1/ : MN/WI : 1.9611 2.0962 2.2575 2.2231 2.2440 Oth Sts : 1.9914 2.0828 2.1304 2.1227 2.0912 US : 1.9894 2.0840 2.1402 2.1297 2.1011 : : Pounds Sales Volume 2/ : MN/WI : 551,768 911,549 788,650 670,773 714,645 Oth Sts : 7,550,049 9,479,431 9,415,850 8,870,600 10,320,719 US : 8,101,817 10,390,980 10,204,500 9,541,373 11,035,364 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 1/ : MN/WI : 2.0569 2.2140 2.2704 2.2400 2.1750 Oth Sts : 2.1612 2.1903 2.2103 2.1645 2.1297 US : 2.1257 2.2002 2.2327 2.1923 2.1472 : Price Adj. to : 38% Moisture : MN/WI : 1.9687 2.1300 2.1655 2.1358 2.0783 Oth Sts : 2.0440 2.0705 2.0909 2.0442 2.0133 US : 2.0186 2.0951 2.1186 2.0777 2.0384 : : Pounds Sales Volume 2/ : MN/WI : 2,773,828 4,418,382 3,823,958 3,067,754 3,558,028 Oth Sts : 5,377,809 6,171,031 6,416,063 5,258,812 5,618,047 US : 8,151,637 10,589,413 10,240,021 8,326,566 9,176,075 : : Percent Moisture Content : MN/WI : 35.22 35.56 35.00 34.97 35.12 Oth Sts : 34.44 34.41 34.46 34.35 34.42 US : 34.71 34.89 34.66 34.58 34.69 -------------------------------------------------------------------------------- 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Dec 29, : Dec 22, : Dec 15, : Dec 8, : Dec 1, : 2007 : 2007 : 2007 : 2007 : 2007 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 1.3141 *1.3201 1.3162 1.3134 1.3168 : : Pounds Sales Volume 2/ : US : 2,909,821 *3,336,868 4,270,974 5,354,949 4,262,323 -------------------------------------------------------------------------------- * Revised. 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Dec 29, : Dec 22, : Dec 15, : Dec 8, : Dec 1, : 2007 : 2007 : 2007 : 2007 : 2007 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 1.6440 *1.8441 1.8237 1.8374 1.8523 : : Pounds Sales Volume 2/ : US :13,361,128 *9,410,059 13,035,215 11,861,163 21,680,695 -------------------------------------------------------------------------------- * Revised. 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Dec 29, : Dec 22, : Dec 15, : Dec 8, : Dec 1, : 2007 : 2007 : 2007 : 2007 : 2007 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 0.4431 0.4464 0.4584 0.4552 0.4521 : : Pounds Sales Volume 2/ : US : 6,470,134 9,498,157 9,260,032 9,483,165 10,103,979 -------------------------------------------------------------------------------- 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers.