Da 2-8 (6-06) Dairy Products Prices National Agricultural Statistics Service USDA Washington, D.C. Released June 9, 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 $1.19 per pound for the week ending June 3. The price per pound increased 1.3 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $1.20 per pound, up 2.1 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.16 per pound for the week ending June 3. The U.S. price per pound decreased 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 82.3 cents per pound for the week ending June 3. The U.S. price per pound decreased 0.2 cent from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 27.8 cents per pound for the week ending June 3. The U.S. price per pound increased 0.1 cent from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Jun 3, : May 27, : May 20, : May 13, : May 6, : 2006 : 2006 : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 2/ : MN/WI : 1.2484 1.2294 1.1970 1.1998 1.2246 Oth Sts : 1.1780 1.1663 1.1506 1.1464 1.1438 US : 1.1855 1.1729 1.1556 1.1504 1.1502 : : Pounds Sales Volume 3/ : MN/WI : 1,094,220 947,423 1,120,475 849,816 696,531 Oth Sts : 9,273,809 8,084,641 9,233,770 10,425,751 7,999,126 US :10,368,029 9,032,064 10,354,245 11,275,567 8,695,657 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 2/ : MN/WI : 1.2563 1.2177 1.1956 1.1903 1.1959 Oth Sts : 1.2571 1.2373 1.2140 1.1928 1.1941 US : 1.2568 1.2293 1.2060 1.1917 1.1948 : Price Adj. to : 38% Moisture : MN/WI : 1.2087 1.1775 1.1537 1.1487 1.1528 Oth Sts : 1.1893 1.1752 1.1493 1.1299 1.1299 US : 1.1966 1.1761 1.1512 1.1377 1.1387 : : Pounds Sales Volume 3/ : MN/WI : 3,738,712 4,372,396 4,305,141 4,046,790 4,093,650 Oth Sts : 6,150,586 6,411,611 5,672,024 5,499,107 6,493,976 US : 9,889,298 10,784,007 9,977,165 9,545,897 10,587,626 : : Percent Moisture Content : MN/WI : 35.56 35.88 35.75 35.75 35.68 Oth Sts : 34.47 34.73 34.51 34.55 34.48 US : 34.88 35.20 35.05 35.06 34.95 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jun 3, : May 27, : May 20, : May 13, : May 6, : 2006 : 2006 1/ : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.1565 1.1684 1.1648 1.1704 1.1621 : : : Pounds Sales Volume 3/ : US : 3,165,217 2,954,122 3,094,936 2,244,299 2,841,836 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jun 3, : May 27, : May 20, : May 13, : May 6, : 2006 : 2006 : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.8229 0.8244 0.8301 0.8282 0.8338 : : : Pounds Sales Volume 3/ : US :24,952,856 26,941,229 26,136,473 21,887,665 20,052,855 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jun 3, : May 27, : May 20, : May 13, : May 6, : 2006 : 2006 : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.2781 0.2768 0.2813 0.2780 0.2852 : : : Pounds Sales Volume 3/ : US :12,836,948 11,034,392 12,345,193 12,958,121 13,048,587 -------------------------------------------------------------------------------- 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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