Da 2-8 (9-05) Dairy Products Prices National Agricultural Statistics Service USDA Washington, D.C. Released September 23, 2005, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For information on Dairy Products Prices call Charmaine Wilson at 202-690-2168, office hours 7:00 a.m. to 4:30 p.m. ET. Dairy Products Prices Highlights Cheddar Cheese prices received for US 40 pound Blocks averaged $1.47 per pound for the week ending September 17. The price per pound increased 2.2 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $1.49 per pound, up 0.3 cent from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.68 per pound for the week ending September 17. The U.S. price per pound decreased 0.9 cent 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 97.6 cents per pound for the week ending September 17. The U.S. price per pound increased 0.6 cent from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 28.6 cents per pound for the week ending September 17. The U.S. price per pound decreased 0.8 cent from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Sep 17, : Sep 10, : Sep 3, : Aug 27, : Aug 20, : 2005 : 2005 : 2005 : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 2/ : MN/WI : 1.5347 1.5138 1.4730 1.4619 1.4294 Oth Sts : 1.4676 1.4461 1.4112 1.4011 1.3841 US : 1.4732 1.4515 1.4168 1.4073 1.3881 : : Pounds Sales Volume 3/ : MN/WI : 615,450 618,574 735,673 813,976 667,468 Oth Sts : 6,833,218 7,065,120 7,303,018 7,137,880 6,909,535 US : 7,448,668 7,683,694 8,038,691 7,951,856 7,577,003 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 2/ : MN/WI : 1.5582 1.5629 1.5486 1.4902 1.4381 Oth Sts : 1.5824 1.5821 1.5444 1.5229 1.4735 US : 1.5736 1.5743 1.5455 1.5117 1.4619 : Price Adj. to : 38% Moisture : MN/WI : 1.5052 1.5051 1.4931 1.4369 1.3898 Oth Sts : 1.4892 1.4830 1.4486 1.4305 1.3805 US : 1.4949 1.4919 1.4605 1.4326 1.3835 : : Pounds Sales Volume 3/ : MN/WI : 3,704,073 3,734,919 2,822,820 2,978,586 3,631,786 Oth Sts : 6,443,411 5,379,828 7,511,395 5,706,342 7,419,007 US :10,147,484 9,114,747 10,334,215 8,684,928 11,050,793 : : Percent Moisture Content : MN/WI : 35.82 35.62 35.69 35.70 35.85 Oth Sts : 34.12 33.86 33.90 34.00 33.82 US : 34.74 34.58 34.39 34.58 34.49 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Sep 17, : Sep 10, : Sep 3, : Aug 27, : Aug 20, : 2005 : 2005 : 2005 : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.6797 1.6882 1.6794 1.6738 1.6495 : : : Pounds Sales Volume 3/ : US : 2,511,072 1,737,254 2,174,397 3,531,735 3,044,137 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Sep 17, : Sep 10, : Sep 3, : Aug 27, : Aug 20, : 2005 : 2005 : 2005 : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.9755 0.9691 0.9720 0.9610 0.9611 : : : Pounds Sales Volume 3/ : US :14,262,869 11,587,128 12,594,415 11,867,087 16,266,613 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Sep 17, : Sep 10, : Sep 3, : Aug 27, : Aug 20, : 2005 : 2005 1/ : 2005 : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.2863 0.2946 0.2930 0.2897 0.2894 : : : Pounds Sales Volume 3/ : US : 9,804,572 9,754,685 10,272,455 10,034,388 9,989,118 -------------------------------------------------------------------------------- 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. 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