Dairy Products Prices National Agricultural Statistics Service Dairy Products Prices Highlights Cheddar Cheese prices received for US 40 pound Blocks averaged $2.05 per pound for the week ending March 8. The price per pound increased 5.6 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $2.00 per pound, up 3.5 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.21 per pound for the week ending March 8. The U.S. price per pound increased 3.8 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 $1.27 per pound for the week ending March 8. The U.S. price per pound increased 2.4 cents from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 24.7 cents per pound for the week ending March 8. The U.S. price per pound increased 1.1 cents from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Mar 8, : Mar 1, : Feb 23, : Feb 16, : Feb 9, : 2008 : 2008 : 2008 : 2008 : 2008 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 1/ : MN/WI : 2.1634 2.1113 2.0692 1.9498 1.8091 Oth Sts : 2.0381 1.9813 1.8677 1.7427 1.7298 US : 2.0452 1.9888 1.8823 1.7550 1.7339 : : Pounds Sales Volume 2/ : MN/WI : 531,189 565,225 733,129 651,567 593,833 Oth Sts : 8,811,531 9,204,111 9,372,759 10,252,995 10,661,556 US : 9,342,720 9,769,336 10,105,888 10,904,562 11,255,389 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 1/ : MN/WI : 2.1230 2.1223 2.0504 1.9398 1.8973 Oth Sts : 2.0965 2.0478 1.9952 1.9784 1.9627 US : 2.1055 2.0708 2.0150 1.9630 1.9347 : Price Adj. to : 38% Moisture : MN/WI : 2.0343 2.0262 1.9625 1.8619 1.8210 Oth Sts : 1.9846 1.9397 1.8851 1.8661 1.8456 US : 2.0014 1.9662 1.9127 1.8645 1.8351 : : Pounds Sales Volume 2/ : MN/WI : 3,542,635 3,215,146 3,327,216 4,298,254 3,961,127 Oth Sts : 6,876,091 7,217,223 5,914,040 6,486,123 5,291,935 US :10,418,726 10,432,369 9,241,256 10,784,377 9,253,062 : : Percent Moisture Content : MN/WI : 35.30 35.06 35.22 35.40 35.40 Oth Sts : 34.50 34.54 34.38 34.27 34.07 US : 34.77 34.70 34.68 34.72 34.64 -------------------------------------------------------------------------------- 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Mar 8, : Mar 1, : Feb 23, : Feb 16, : Feb 9, : 2008 : 2008 : 2008 : 2008 : 2008 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 1.2065 1.1687 1.1879 1.2166 1.2138 : : Pounds Sales Volume 2/ : US : 2,861,925 4,383,577 2,571,671 2,901,297 4,000,321 -------------------------------------------------------------------------------- 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Mar 8, : Mar 1, : Feb 23, : Feb 16, : Feb 9, : 2008 : 2008 : 2008 : 2008 : 2008 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 1.2679 *1.2444 *1.2743 1.3066 1.3778 : : Pounds Sales Volume 2/ : US :23,671,690 *38,019,710 *23,461,851 20,928,088 17,945,418 -------------------------------------------------------------------------------- * Revised. 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Mar 8, : Mar 1, : Feb 23, : Feb 16, : Feb 9, : 2008 : 2008 : 2008 : 2008 : 2008 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 0.2472 0.2366 0.2492 0.2619 0.2718 : : Pounds Sales Volume 2/ : US :11,662,739 10,162,210 11,055,160 11,047,974 10,070,302 -------------------------------------------------------------------------------- 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers.