Da 2-8 (9-06) Dairy Products Prices National Agricultural Statistics Service USDA Washington, D.C. Released September 1, 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 August 26. The price per pound increased 1.9 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $1.20 per pound, up 3.9 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.24 per pound for the week ending August 26. The U.S. price per pound increased 1.8 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 85.4 cents per pound for the week ending August 26. The U.S. price per pound increased 0.8 cent from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 30.4 cents per pound for the week ending August 26. The U.S. price per pound increased 0.5 cent from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Aug 26, : Aug 19, : Aug 12, : Aug 5, : Jul 29, : 2006 : 2006 1/ : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 2/ : MN/WI : 1.2555 1.2323 1.2308 1.2053 1.2157 Oth Sts : 1.1866 1.1684 1.1569 1.1395 1.1478 US : 1.1925 1.1733 1.1622 1.1434 1.1530 : : Pounds Sales Volume 3/ : MN/WI : 643,140 640,953 766,640 660,012 729,918 Oth Sts : 6,948,464 7,805,343 9,891,394 10,266,704 8,910,551 US : 7,591,604 8,446,296 10,658,034 10,926,716 9,640,469 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 2/ : MN/WI : 1.2726 1.2186 1.2111 1.1971 1.1825 Oth Sts : 1.2526 1.2291 1.2008 1.2067 1.1952 US : 1.2604 1.2252 1.2050 1.2018 1.1904 : Price Adj. to : 38% Moisture : MN/WI : 1.2275 1.1771 1.1669 1.1533 1.1399 Oth Sts : 1.1900 1.1591 1.1370 1.1332 1.1217 US : 1.2046 1.1657 1.1492 1.1434 1.1285 : : Pounds Sales Volume 3/ : MN/WI : 3,840,185 3,917,426 4,105,622 3,476,856 4,248,151 Oth Sts : 5,932,670 6,742,502 5,897,427 3,267,693 7,033,803 US : 9,772,855 10,659,928 10,003,049 6,744,549 11,281,954 : : Percent Moisture Content : MN/WI : 35.73 35.81 35.65 35.65 35.68 Oth Sts : 34.74 34.26 34.52 33.97 33.94 US : 35.13 34.83 34.99 34.84 34.60 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Aug 26, : Aug 19, : Aug 12, : Aug 5, : Jul 29, : 2006 : 2006 1/ : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.2406 1.2223 1.2189 1.1539 1.1437 : : : Pounds Sales Volume 3/ : US : 3,271,695 4,599,950 3,494,694 6,936,080 11,278,144 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Aug 26, : Aug 19, : Aug 12, : Aug 5, : Jul 29, : 2006 : 2006 : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.8543 0.8463 0.8475 0.8456 0.8370 : : : Pounds Sales Volume 3/ : US :18,711,584 19,438,589 12,905,307 20,905,598 26,030,634 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Aug 26, : Aug 19, : Aug 12, : Aug 5, : Jul 29, : 2006 : 2006 : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.3036 0.2983 0.2972 0.2882 0.2841 : : : Pounds Sales Volume 3/ : US :11,805,295 11,887,842 12,020,077 13,737,843 12,442,652 -------------------------------------------------------------------------------- 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 U.S. Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or part of an individual's income is derived from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA's TARGET Center at (202) 720-2600 (voice and TDD). To file a complaint of discrimination, write to USDA, Director, Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, or call (800) 795-3272 (voice) or (202) 720-6382 (TDD). USDA is an equal opportunity provider and employer. ACCESS TO REPORTS!! For your convenience, there are several ways to obtain NASS reports, data products, and services: INTERNET ACCESS All NASS reports are available free of charge on the worldwide Internet. For access, connect to the Internet and go to the NASS Home Page at: www.nass.usda.gov. E-MAIL SUBSCRIPTION All NASS reports are available by subscription free of charge direct to your e-mail address. Starting with the NASS Home Page at www.nass.usda.gov, under the right navigation, Receive reports by Email, click on National or State. Follow the instructions on the screen. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - PRINTED REPORTS OR DATA PRODUCTS CALL OUR TOLL-FREE ORDER DESK: 800-999-6779 (U.S. and Canada) Other areas, please call 703-605-6220 FAX: 703-605-6900 (Visa, MasterCard, check, or money order acceptable for payment.) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ASSISTANCE For assistance with general agricultural statistics or further information about NASS or its products or services, contact the Agricultural Statistics Hotline at 800-727-9540, 7:30 a.m. to 4:00 p.m. ET, or e-mail: nass@nass.usda.gov.