Da 2-8 (8-09) Dairy Products Prices National Agricultural Statistics Service USDA Washington, D.C. Released August 7, 2009, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For information on "Dairy Products Prices" call Joe Gaynor 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 $1.13 per pound for the week ending August 1. The price per pound increased 1.2 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $1.16 per pound, up 3.5 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.22 per pound for the week ending August 1. The U.S. price per pound decreased 0.4 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 $0.84 per pound for the week ending August 1. The U.S. price per pound decreased 0.9 cents from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 29.6 cents per pound for the week ending August 1. The U.S. price per pound increased 0.1 cents from the previous week. Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Aug 1, : Jul 25, : Jul 18, : Jul 11, : Jul 4, : 2009 : 2009 : 2009 : 2009 : 2009 -------------------------------------------------------------------------------- : Dol./Lb. 40 Lb. Blocks : Avg. Price 1/ : MN/WI : 1.2175 1.2033 1.1950 1.2200 1.1967 Oth Sts : 1.1244 1.1127 1.1122 1.1213 1.1319 US : 1.1318 1.1200 1.1172 1.1306 1.1372 : : Pounds Sales Volume 2/ : MN/WI : 825,519 1,018,245 775,082 1,132,442 968,244 Oth Sts : 9,616,822 11,621,324 12,052,979 10,929,974 10,872,516 US :10,442,341 12,639,569 12,828,061 12,062,416 11,840,760 : : Dol./Lb. 500 Lb. Barrels : Avg. Price 1/ : MN/WI : 1.2172 1.1797 1.1715 1.1760 1.1572 Oth Sts : 1.2209 1.1836 1.1750 1.1678 1.1536 US : 1.2193 1.1819 1.1736 1.1709 1.1549 : Price Adj. to : 38% Moisture : MN/WI : 1.1697 1.1344 1.1170 1.1253 1.1072 Oth Sts : 1.1532 1.1188 1.1080 1.0996 1.0938 US : 1.1602 1.1254 1.1116 1.1093 1.0986 : : Pounds Sales Volume 2/ : MN/WI : 4,513,628 4,965,469 4,650,334 4,446,978 4,236,583 Oth Sts : 5,987,179 6,696,250 6,832,432 7,246,474 7,547,121 US :10,500,807 11,661,719 11,482,766 11,693,452 11,783,704 : : Percent Moisture Content : MN/WI : 35.48 35.53 34.97 35.21 35.20 Oth Sts : 34.36 34.41 34.25 34.15 34.61 US : 34.84 34.89 34.55 34.55 34.82 -------------------------------------------------------------------------------- 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Butter Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Aug 1, : Jul 25, : Jul 18, : Jul 11, : Jul 4, : 2009 : 2009 : 2009 : 2009 : 2009 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 1.2246 1.2290 1.1879 1.1736 1.1751 : : Pounds Sales Volume 2/ : US : 3,519,934 4,914,991 3,808,040 1,345,434 3,195,286 -------------------------------------------------------------------------------- 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Nonfat Dry Milk Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Aug 1, : Jul 25, : Jul 18, : Jul 11, : Jul 4, : 2009 : 2009 : 2009 : 2009 : 2009 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 0.8413 0.8499 0.8369 0.8450 0.8391 : : Pounds Sales Volume 2/ : US :42,709,528 16,917,769 19,917,896 17,184,984 23,391,869 -------------------------------------------------------------------------------- 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Dry Whey Prices -------------------------------------------------------------------------------- : Week Ending Region :----------------------------------------------------------- : Aug 1, : Jul 25, : Jul 18, : Jul 11, : Jul 4, : 2009 : 2009 : 2009 : 2009 : 2009 -------------------------------------------------------------------------------- : Dol./Lb. Avg. Price 1/ : US : 0.2961 0.2953 0.2960 0.2926 0.2803 : : Pounds Sales Volume 2/ : US : 8,412,152 9,704,718 10,712,446 11,304,005 9,889,873 -------------------------------------------------------------------------------- 1/ Prices weighted by volumes reported. 2/ Sales as reported by participating manufacturers. Procedures and Reliability: The Weekly Dairy Product Prices program consists of 92 qualifying manufacturing plants. There are 11 plants in the Atlantic Region, 26 plants in the East North Central Region, 3 plants in the South Central Region, 34 plants in the West Region, and 18 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. 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