Da 2-8 (6-07) Dairy Products Prices National Agricultural Statistics Service USDA Washington, D.C. Released June 22, 2007, 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 $1.86 per pound for the week ending June 16. The price per pound increased 10.0 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $1.92 per pound, up 10.0 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.51 per pound for the week ending June 16. The U.S. price per pound decreased 0.9 cent 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 $1.91 per pound for the week ending June 16. The U.S. price per pound decreased slightly from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 76.2 cents per pound for the week ending June 16. 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 :----------------------------------------------------------- : Jun 16, : Jun 9, : Jun 2, : May 26, : May 19, : 2007 : 2007 : 2007 : 2007 : 2007 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 2/ : MN/WI : 1.9763 1.8936 1.8225 1.7331 1.6995 Oth Sts : 1.8513 1.7548 1.6960 1.6528 1.6192 US : 1.8620 1.7623 1.7035 1.6605 1.6262 : : Pounds Sales Volume 3/ : MN/WI : 876,067 565,473 643,454 898,448 1,013,733 Oth Sts : 9,404,066 9,824,457 10,104,728 8,551,802 10,622,811 US :10,280,133 10,389,930 10,748,182 9,450,250 11,636,544 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 2/ : MN/WI : 2.0228 1.9160 1.8283 1.7397 1.7059 Oth Sts : 2.0246 1.9149 1.8208 1.7592 1.7031 US : 2.0239 1.9153 1.8234 1.7515 1.7042 : Price Adj. to : 38% Moisture : MN/WI : 1.9465 1.8485 1.7510 1.6786 1.6386 Oth Sts : 1.8957 1.7920 1.7074 1.6547 1.6093 US : 1.9151 1.8148 1.7224 1.6640 1.6204 : : Pounds Sales Volume 3/ : MN/WI : 4,401,795 4,412,421 3,732,506 4,323,182 4,450,177 Oth Sts : 6,944,711 6,332,677 6,956,320 6,611,600 7,154,327 US :11,346,506 10,745,098 10,688,826 10,934,782 11,604,504 : : Percent Moisture Content : MN/WI : 35.57 35.74 35.26 35.74 35.45 Oth Sts : 33.78 33.75 33.88 34.08 34.39 US : 34.48 34.56 34.36 34.74 34.79 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jun 16, : Jun 9, : Jun 2, : May 26, : May 19, : 2007 : 2007 1/ : 2007 1/ : 2007 : 2007 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.5072 1.5164 1.4768 1.4684 1.4272 : : : Pounds Sales Volume 3/ : US : 1,889,927 2,527,116 2,352,515 3,096,660 2,617,189 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jun 16, : Jun 9, : Jun 2, : May 26, : May 19, : 2007 : 2007 : 2007 : 2007 : 2007 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 1.9082 1.9086 1.8049 1.7957 1.6902 : : : Pounds Sales Volume 3/ : US :12,476,537 11,809,578 13,349,810 13,690,076 12,745,394 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Jun 16, : Jun 9, : Jun 2, : May 26, : May 19, : 2007 : 2007 1/ : 2007 1/ : 2007 : 2007 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 2/ : US : 0.7619 0.7573 0.7639 0.7546 0.7537 : : : Pounds Sales Volume 3/ : US :10,719,335 11,758,624 10,450,408 12,402,851 12,878,162 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ Sales as reported by participating manufacturers. Procedures and Reliability: The Weekly Dairy Product Prices program consists of 87 qualifying manufacturing plants. There are 11 plants in the Atlantic Region, 23 plants in the East North Central Region, 4 plants in the South Central Region, 33 plants in the West Region, and 16 plants in the West North Central Region. Plants that report for multiple commodities are only counted once. 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. 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). 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