Dairy Products Prices National Agricultural Statistics Service Dairy Products Prices Highlights Cheddar Cheese prices received for US 40 pound Blocks averaged $2.16 per pound for the week ending June 7. The price per pound increased 9.1 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $2.22 per pound, up 7.8 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.47 per pound for the week ending June 7. The U.S. price per pound decreased 0.2 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 $1.36 per pound for the week ending June 7. The U.S. price per pound increased 2.3 cents from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 27.6 cents per pound for the week ending June 7. The U.S. price per pound increased 0.5 cents from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Jun 7, : May 31, : May 24, : May 17, : May 10, : 2008 : 2008 : 2008 : 2008 : 2008 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 1/ : MN/WI : 2.2741 2.1894 2.1011 2.0506 1.9937 Oth Sts : 2.1529 2.0634 1.9819 1.9474 1.9230 US : 2.1630 2.0719 1.9922 1.9567 1.9282 : : Pounds Sales Volume 2/ : MN/WI : 915,634 756,574 1,045,747 947,458 877,702 Oth Sts :10,088,641 10,472,514 10,965,242 9,633,427 11,105,039 US :11,004,275 11,229,088 12,010,989 10,580,885 11,982,741 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 1/ : MN/WI : 2.3324 *2.2523 2.1142 2.0646 2.0125 Oth Sts : 2.3171 2.2344 2.1336 2.0593 2.0030 US : 2.3233 *2.2409 2.1251 2.0617 2.0067 : Price Adj. to : 38% Moisture : MN/WI : 2.2320 *2.1574 2.0245 1.9729 1.9258 Oth Sts : 2.2040 2.1255 2.0300 1.9642 1.8988 US : 2.2152 2.1371 2.0276 1.9682 1.9093 : : Pounds Sales Volume 2/ : MN/WI : 3,372,902 *3,268,349 3,875,894 4,088,147 3,666,337 Oth Sts : 5,007,843 5,680,743 4,916,150 4,807,822 5,731,451 US : 8,380,745 *8,949,092 8,792,044 8,895,969 9,397,788 : : Percent Moisture Content : MN/WI : 35.21 35.27 35.25 35.12 35.21 Oth Sts : 34.82 34.82 34.83 35.00 34.60 US : 34.98 34.99 35.02 35.05 34.84 -------------------------------------------------------------------------------- * Revised. 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jun 7, : May 31, : May 24, : May 17, : May 10, : 2008 : 2008 : 2008 : 2008 : 2008 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 1.4741 *1.4759 1.4646 1.4341 1.4123 : : Pounds Sales Volume 2/ : US : 2,826,308 *2,660,899 2,765,694 4,339,586 5,126,317 -------------------------------------------------------------------------------- * Revised. 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jun 7, : May 31, : May 24, : May 17, : May 10, : 2008 : 2008 : 2008 : 2008 : 2008 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 1.3613 *1.3386 *1.3148 1.2950 1.3086 : : Pounds Sales Volume 2/ : US :21,757,918 *24,973,622 *20,942,263 29,009,161 19,503,468 -------------------------------------------------------------------------------- * Revised. 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jun 7, : May 31, : May 24, : May 17, : May 10, : 2008 : 2008 : 2008 : 2008 : 2008 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 0.2761 0.2709 0.2769 0.2733 0.2638 : : Pounds Sales Volume 2/ : US : 9,579,271 9,916,546 11,273,179 9,985,597 9,811,803 -------------------------------------------------------------------------------- 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers.