Da 2-8 (12-99) Dairy Products Prices National Agricultural Statistics Service USDA Washington, D.C. Released December 3, 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 Greg Bussler 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 $1.14 per pound for the week ending November 27. The price per pound decreased 4.1 cents from the previous week. The price for US 500 pound Barrels adjusted to 39 percent moisture averaged $1.10 per pound, down 4.8 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.03 per pound for the week ending November 27. The price per pound decreased 3.2 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 $1.01 per pound for the week ending November 27. The price per pound decreased 0.2 cents from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 18.8 cents per pound for the week ending November 27. The U.S. price per pound decreased 0.5 cents from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Nov 27, : Nov 20, : Nov 13, : Nov 6, : Oct 30, : 1999 : 1999 1/ : 1999 : 1999 : 1999 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 2/ : MN/WI : 1.1823 1.2109 1.2731 1.3099 1.3441 Oth Sts : 1.1252 1.1734 1.2236 1.2678 1.2961 US : 1.1426 1.1833 1.2396 1.2806 1.3126 : : Pounds Sales Volume 3/ : MN/WI : 1,001,873 1,023,875 1,381,402 1,138,386 1,742,160 Oth Sts : 2,282,883 2,875,758 2,893,464 2,611,676 3,327,313 US : 3,284,756 3,899,633 4,274,866 3,750,062 5,069,473 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 2/ : MN/WI : 1.1410 1.1821 1.2584 1.3163 1.3299 Oth Sts : 1.1807 1.2416 1.3050 1.3222 1.3291 US : 1.1623 1.2154 1.2865 1.3201 1.3294 : Price Adj. to : 39% Moisture : MN/WI : 1.1003 1.1275 1.2037 1.2477 1.2671 Oth Sts : 1.0934 1.1571 1.2068 1.2202 1.2368 US : 1.0966 1.1443 1.2056 1.2299 1.2490 : : Pounds Sales Volume 3/ : MN/WI : 3,131,869 3,179,646 2,673,669 2,845,132 3,410,434 Oth Sts : 3,605,303 4,060,488 4,071,630 5,118,985 4,938,637 US : 6,737,172 7,240,134 6,745,299 7,964,117 8,349,071 : : Percent Moisture Content : MN/WI : 36.74 36.05 36.23 35.65 35.98 Oth Sts : 34.13 34.55 34.04 33.90 34.44 US : 35.35 35.21 34.90 34.52 35.07 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Nov 27, : Nov 20, : Nov 13, : Nov 6, : Oct 30, : 1999 : 1999 1/ : 1999 : 1999 : 1999 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.0341 1.0660 1.0768 1.0678 1.0534 : : : Pounds Sales Volume 3/ : US : 2,592,217 3,507,354 3,938,568 4,173,835 3,559,173 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Nov 27, : Nov 20, : Nov 13, : Nov 6, : Oct 30, : 1999 : 1999 1/ : 1999 : 1999 : 1999 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.0136 1.0158 1.0189 1.0181 1.0170 : : : Pounds Sales Volume 3/ : US :13,096,259 18,975,074 17,964,273 15,884,082 16,201,375 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Nov 27, : Nov 20, : Nov 13, : Nov 6, : Oct 30, : 1999 : 1999 1/ : 1999 1/ : 1999 : 1999 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.1875 0.1925 0.1925 0.1924 0.1968 : : : Pounds Sales Volume 3/ : US : 4,640,086 9,164,666 8,563,403 7,801,511 7,825,451 -------------------------------------------------------------------------------- 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 December 10, 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. 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