Da 2-8 (9-99) Dairy Products Prices National Agricultural Statistics Service USDA Washington, D.C. Released September 24, 1999, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For information on "Dairy Products Prices" call Shawn Clark at 202-720-9168, or Chris Cadwallader at 202-720-4751, office hours 7:00 a.m. to 4:00 p.m. ET. Dairy Products Prices Highlights Cheddar Cheese prices received for US 40 pound Blocks averaged $1.77 per pound for the week ending September 18. The price per pound decreased 8.7 cents from the previous week. The price for US 500 pound Barrels averaged $1.57 per pound, down 10.0 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.33 per pound for the week ending September 18. The price per pound decreased 1.3 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 $1.02 per pound for the week ending September 18. The price per pound increased 0.4 cents from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 18.9 cents per pound for the week ending September 18. The U.S. price per pound decreased 0.1 cents from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Sep 18, : Sep 11, : Sep 4, : Aug 28, : Aug 21, : 1999 : 1999 1/ : 1999 1/ : 1999 1/ : 1999 1/ -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 2/ : MN/WI : 1.7812 1.8615 1.9169 1.9245 1.8712 Oth Sts : 1.7634 1.8503 1.9067 1.8779 1.8063 US : 1.7661 1.8526 1.9095 1.8842 1.8144 : : Pounds Sales Volume 3/ : MN/WI : 763,905 928,406 922,874 451,629 744,138 Oth Sts : 4,267,687 3,630,691 2,511,592 2,884,341 5,231,752 US : 5,031,592 4,559,097 3,434,466 3,335,970 5,975,890 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 2/ : MN/WI : 1.6626 1.7513 1.8831 1.9654 1.9202 Oth Sts : 1.6817 1.7914 1.9183 1.9406 1.8630 US : 1.6749 1.7779 1.9075 1.9495 1.8799 : Price Adj. to : 39% Moisture : MN/WI : 1.5837 1.6627 1.7944 1.8830 1.8368 Oth Sts : 1.5601 1.6709 1.7878 1.8090 1.7360 US : 1.5684 1.6681 1.7898 1.8351 1.7653 : : Pounds Sales Volume 3/ : MN/WI : 3,194,289 2,504,122 2,427,128 2,763,877 2,971,936 Oth Sts : 5,709,677 4,891,672 5,495,232 4,940,164 7,055,502 US : 8,903,966 7,395,794 7,922,360 7,704,041 10,027,438 : : Percent Moisture Content : MN/WI : 35.96 35.75 35.98 36.33 36.23 Oth Sts : 34.24 34.60 34.55 34.57 34.54 US : 34.86 34.99 34.99 35.20 35.04 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. -------------------------------------------------------------------------------- : 40 LB Blocks West' region has been realigned to form the Oth Sts' region. : : This will make the 40 LB Blocks regions consistent with 500 LB Barrels. : : Price data for the prior 4 weeks has been revised to reflect this change. : -------------------------------------------------------------------------------- Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Sep 18, : Sep 11, : Sep 4, : Aug 28, : Aug 21, : 1999 : 1999 1/ : 1999 : 1999 : 1999 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.3273 1.3406 1.3248 1.3534 1.3500 : : : Pounds Sales Volume 3/ : US : 3,481,595 3,078,066 3,230,897 2,958,558 3,108,456 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Sep 18, : Sep 11, : Sep 4, : Aug 28, : Aug 21, : 1999 : 1999 : 1999 : 1999 : 1999 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.0192 1.0154 1.0156 1.0124 1.0096 : : : Pounds Sales Volume 3/ : US :20,769,928 16,016,167 21,950,871 20,953,730 25,002,367 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Sep 18, : Sep 11, : Sep 4, : Aug 28, : Aug 21, : 1999 : 1999 1/ : 1999 : 1999 : 1999 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.1886 0.1897 0.1852 0.1891 0.1848 : : : Pounds Sales Volume 3/ : US : 5,005,388 4,837,361 5,448,027 6,162,954 6,234,749 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Procedures and Reliability: Price information included in this report is provided each week by manufacturers of these products. Data are collected by fax and electronic mail each week for the previous week. Price information collected is for the (wholesale) point of sale for: 1) Natural, unaged cheddar cheese in 40 pound blocks and 500 pound barrels. 2) Boxes of butter meeting USDA Grade AA standards, 80% butterfat, salted, fresh or storage. 3) USDA Extra Grade edible nonhygroscopic dry whey. 4) USDA Extra Grade and USPH Grade A, nonfortified nonfat dry milk. A transaction is complete when the product is "shipped out" and title transfers. Resales of purchased product, forward pricing and intra-company sales are excluded. Revision Policy: Price data for the prior 4 weeks are subject to revision based on late reports. The next "Dairy Products Prices" report will be released at 8:30 a.m. ET on October 1, 1999. The United States Department of Agriculture (USDA) prohibits discrimination in all its programs on the basis of race, color, national origin, gender, religion, age, disability, political beliefs, sexual orientation, and marital or family status. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (braille, large print, audiotape, etc.) should contact the USDA's TARGET Center at 202-720-2600 (voice and TDD). To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, Room 326-W, Whitten Building, 14th and Independence Avenue, SW, Washington, D.C., 20250-9410, or call 202-720-5964 (voice or TDD). 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