Da 2-8 (1-06) Dairy Products Prices National Agricultural Statistics Service USDA Washington, D.C. Released January 13, 2006, 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 $1.39 per pound for the week ending January 7. The price per pound decreased 3.6 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $1.38 per pound, down 3.2 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 January 7. The U.S. price per pound increased 1.2 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 98.4 cents per pound for the week ending January 7. The U.S. price per pound decreased 1.7 cents from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 33.4 cents per pound for the week ending January 7. The U.S. price per pound increased 0.4 cents from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Jan 7, : Dec 31, : Dec 24, : Dec 17, : Dec 10, : 2006 : 2005 : 2005 : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 2/ : MN/WI : 1.4436 1.4917 1.4674 1.4568 1.4398 Oth Sts : 1.3831 1.4201 1.4088 1.3905 1.3689 US : 1.3908 1.4266 1.4158 1.3959 1.3740 : : Pounds Sales Volume 3/ : MN/WI : 856,116 746,201 843,889 650,318 669,995 Oth Sts : 5,903,344 7,457,906 6,191,977 7,386,476 8,601,716 US : 6,759,460 8,204,107 7,035,866 8,036,794 9,271,711 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 2/ : MN/WI : 1.4214 1.4826 1.4608 1.4649 1.4413 Oth Sts : 1.4684 1.4883 1.4753 1.4594 1.4406 US : 1.4485 1.4870 1.4695 1.4616 1.4409 : Price Adj. to : 38% Moisture : MN/WI : 1.3746 1.4279 1.4134 1.4130 1.3948 Oth Sts : 1.3767 1.4018 1.3936 1.3785 1.3541 US : 1.3759 1.4075 1.4015 1.3919 1.3691 : : Pounds Sales Volume 3/ : MN/WI : 3,712,288 2,369,856 3,595,017 3,757,616 3,618,581 Oth Sts : 5,046,546 8,382,489 5,341,076 5,792,497 6,053,644 US : 8,758,834 10,752,345 8,936,093 9,550,113 9,672,225 : : Percent Moisture Content : MN/WI : 35.89 35.63 35.92 35.72 35.93 Oth Sts : 33.87 34.17 34.36 34.36 34.04 US : 34.73 34.49 34.99 34.89 34.75 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jan 7, : Dec 31, : Dec 24, : Dec 17, : Dec 10, : 2006 : 2005 1/ : 2005 : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.3339 1.3223 1.3254 1.3698 1.3595 : : : Pounds Sales Volume 3/ : US : 3,130,381 2,254,081 2,075,757 6,219,268 3,188,221 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jan 7, : Dec 31, : Dec 24, : Dec 17, : Dec 10, : 2006 : 2005 1/ : 2005 1/ : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.9841 1.0006 0.9623 1.0046 0.9995 : : : Pounds Sales Volume 3/ : US :14,223,906 8,778,358 17,733,859 15,927,111 18,802,573 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jan 7, : Dec 31, : Dec 24, : Dec 17, : Dec 10, : 2006 : 2005 : 2005 : 2005 : 2005 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.3342 0.3306 0.3277 0.3256 0.3232 : : : Pounds Sales Volume 3/ : US : 9,275,341 9,413,375 9,128,737 10,406,236 11,028,392 -------------------------------------------------------------------------------- 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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