Da 2-8 (12-05) Dairy Products Prices National Agricultural Statistics Service USDA Washington, D.C. Released December 16, 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 $1.37 per pound for the week ending December 10. The price per pound increased 1.1 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $1.37 per pound, up 2.0 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.36 per pound for the week ending December 10. The U.S. price per pound decreased 3.3 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 $1.00 per pound for the week ending December 10. The U.S. price per pound increased 0.4 cent from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 32.3 cents per pound for the week ending December 10. The U.S. price per pound increased 0.2 cent from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Dec 10, : Dec 3, : Nov 26, : Nov 19, : Nov 12, : 2005 : 2005 1/ : 2005 : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 2/ : MN/WI : 1.4398 1.4206 1.4085 1.4232 1.4026 Oth Sts : 1.3689 1.3582 1.3546 1.3598 1.3991 US : 1.3740 1.3630 1.3594 1.3660 1.3994 : : Pounds Sales Volume 3/ : MN/WI : 669,995 756,641 573,742 829,895 759,758 Oth Sts : 8,601,716 9,193,584 5,860,121 7,682,438 8,772,769 US : 9,271,711 9,950,225 6,433,863 8,512,333 9,532,527 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 2/ : MN/WI : 1.4413 1.3993 1.3938 1.3875 1.4143 Oth Sts : 1.4406 1.4283 1.4200 1.4363 1.4784 US : 1.4409 1.4167 1.4111 1.4192 1.4576 : Price Adj. to : 38% Moisture : MN/WI : 1.3948 1.3534 1.3456 1.3437 1.3676 Oth Sts : 1.3541 1.3457 1.3352 1.3519 1.3886 US : 1.3691 1.3487 1.3387 1.3491 1.3819 : : Pounds Sales Volume 3/ : MN/WI : 3,618,581 3,939,407 3,269,864 3,572,549 3,403,644 Oth Sts : 6,053,644 5,904,059 6,323,190 6,611,129 7,043,876 US : 9,672,225 9,843,466 9,593,054 10,183,678 10,447,520 : : Percent Moisture Content : MN/WI : 35.93 35.90 35.78 35.98 35.88 Oth Sts : 34.04 34.19 34.06 34.13 33.99 US : 34.75 34.88 34.65 34.78 34.60 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Dec 10, : Dec 3, : Nov 26, : Nov 19, : Nov 12, : 2005 : 2005 : 2005 : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.3595 1.3923 1.4265 1.3951 1.4641 : : : Pounds Sales Volume 3/ : US : 3,188,221 4,276,570 2,094,839 2,542,575 2,868,816 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Dec 10, : Dec 3, : Nov 26, : Nov 19, : Nov 12, : 2005 : 2005 1/ : 2005 : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.9995 0.9952 0.9840 0.9833 0.9782 : : : Pounds Sales Volume 3/ : US :18,802,573 14,151,809 12,990,971 16,823,853 16,524,485 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Dec 10, : Dec 3, : Nov 26, : Nov 19, : Nov 12, : 2005 : 2005 1/ : 2005 : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.3232 0.3215 0.3247 0.3196 0.3095 : : : Pounds Sales Volume 3/ : US :11,028,392 13,219,015 9,098,207 12,090,878 11,927,645 -------------------------------------------------------------------------------- 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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