USDA: Dairy Products Prices Highlights
Butter prices received for 25 kilogram and 68 pound boxes meeting United States Department of Agriculture (USDA) Grade AA standards averaged $2.15 per pound for the week ending June 11, 2011. The United States (US) price per pound increased 2.1 cents from the previous week.
Cheddar Cheese prices received for US 40 pound blocks averaged $1.79 per pound for the week ending June 11, 2011. The price per pound increased 8.4 cents from the previous week. The price for US 500 pound barrels adjusted to 38 percent moisture averaged $1.86 per pound, up 9.7 cents from the previous week.
Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards averaged 52.4 cents per pound for the week ending June 11, 2011. The US price per pound increased 0.8 cent from the previous week.
Nonfat Dry Milk prices received for bag, tote, and tanker sales meeting USDA Extra Grade or United States Public Health Service (USPHS) Grade A standards averaged $1.65 per pound for the week ending June 11, 2011. The US price per pound increased 1.4 cents from the previous week.
Butter Prices and Sales - United States: May 14, 2011-June 11, 2011 --------------------------------------------------------------------------------------------------------- : Week ending Region :-------------------------------------------------------------------------- : May 14, : May 21, : May 28, : June 4, : June 11, : 2011 : 2011 : 2011 : 2011 : 2011 --------------------------------------------------------------------------------------------------------- : dollars per pound Price weighted by sales : United States ................: 2.0806 1.9951 2.0466 2.1244 2.1453 : : pounds Sales : United States ................: 4,426,334 5,439,653 4,820,883 *3,743,965 3,381,902 ---------------------------------------------------------------------------------------------------------
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Source: NASS, USDA