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Wisconsin All Milk Price Hits Five-Year High at $22.40 Cwt.

The Wisconsin all milk price for November was $22.40 per hundredweight. According to the latest USDA Agricultural Prices report, that was $1.90 higher than last month's price and $5.40 more than last November.
 
The U.S. all milk price for November was $21.00 per cwt.--$1.40 lower than Wisconsin's price, but $1.10 higher than last month's U.S. price. All of the 24 major milk producing states had a higher price when compared with October.
 
Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $1.83 per pound on December 27, while barrels were $1.60 per pound. The CME butter price was $2.03 per pound.
 
For the week ending December 21, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.95 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $2.10 per pound. The U.S. butter price was $2.00 per pound.
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