Da 2-8 (11-06) Dairy Products Prices National Agricultural Statistics Service USDA Washington, D.C. Released November 24, 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 $1.28 per pound for the week ending November 18. The price per pound increased 3.1 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $1.33 per pound, up 4.6 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.29 per pound for the week ending November 18. The U.S. price per pound increased 2.1 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 November 18. The U.S. price per pound increased 2.1 cents from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 39.4 cents per pound for the week ending November 18. The U.S. price per pound increased 1.2 cents from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Nov 18, : Nov 11, : Nov 4, : Oct 28, : Oct 21, : 2006 : 2006 : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 2/ : MN/WI : 1.3719 1.3250 1.3032 1.2751 1.2730 Oth Sts : 1.2800 1.2486 1.2240 1.2118 1.2156 US : 1.2838 1.2532 1.2298 1.2162 1.2203 : : Pounds Sales Volume 3/ : MN/WI : 359,630 634,855 744,900 612,373 719,721 Oth Sts : 8,281,689 9,817,636 9,407,709 8,231,814 8,002,459 US : 8,641,319 10,452,491 10,152,609 8,844,187 8,722,180 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 2/ : MN/WI : 1.4152 1.3611 1.3389 1.2844 1.2822 Oth Sts : 1.3957 1.3530 1.3252 1.3010 1.2997 US : 1.4028 1.3557 1.3298 1.2949 1.2931 : Price Adj. to : 38% Moisture : MN/WI : 1.3650 1.3141 1.2914 1.2437 1.2385 Oth Sts : 1.3158 1.2743 1.2440 1.2266 1.2265 US : 1.3334 1.2874 1.2597 1.2328 1.2309 : : Pounds Sales Volume 3/ : MN/WI : 4,344,710 3,856,455 3,981,590 3,876,185 4,099,683 Oth Sts : 7,585,777 7,710,993 7,824,052 6,607,564 6,827,589 US :11,930,487 11,567,448 11,805,642 10,483,749 10,927,272 : : Percent Moisture Content : MN/WI : 35.72 35.78 35.72 35.97 35.81 Oth Sts : 34.23 34.17 33.95 34.24 34.30 US : 34.77 34.71 34.55 34.88 34.87 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Nov 18, : Nov 11, : Nov 4, : Oct 28, : Oct 21, : 2006 : 2006 1/ : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.2853 1.2641 1.2607 1.3043 1.3137 : : : Pounds Sales Volume 3/ : US : 3,242,573 4,159,208 3,735,706 3,923,714 4,243,247 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Nov 18, : Nov 11, : Nov 4, : Oct 28, : Oct 21, : 2006 : 2006 1/ : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.9997 0.9790 0.9590 0.9423 0.9184 : : : Pounds Sales Volume 3/ : US :10,081,480 9,662,348 9,166,077 10,783,526 11,306,860 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Nov 18, : Nov 11, : Nov 4, : Oct 28, : Oct 21, : 2006 : 2006 : 2006 : 2006 : 2006 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.3942 0.3825 0.3650 0.3659 0.3712 : : : Pounds Sales Volume 3/ : US : 9,745,329 11,400,548 10,819,677 10,733,165 10,889,314 -------------------------------------------------------------------------------- 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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