Dairy Products Prices ISSN: 1949-0380 Released July 30, 2010, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Special Note NASS is in the process of modifying report layouts in order to improve readability. This is the first issue produced using the new layout. This report issue is published using both layouts but future issues will only be produced using this layout. The previous layout is available on the NASS website: http://www.nass.usda.gov. Dairy Products Prices Highlights Cheddar Cheese prices received for United States 40 pound blocks averaged $1.50 per pound for the week ending July 24, 2010. The price per pound increased 6.3 cents from the previous week. The price for United States 500 pound barrels adjusted to 38 percent moisture averaged $1.51 per pound, up 3.4 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.77 per pound for the week ending July 24, 2010. The United States price per pound increased 2.8 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 $1.19 per pound for the week ending July 24, 2010. The United States price per pound decreased 4.7 cents from the previous week. Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards averaged 36.2 cents per pound for the week ending July 24, 2010. The United States price per pound increased 0.1 cents from the previous week. 40 Pound Block Cheddar Cheese Prices and Sales - Region and United States: June 26, 2010-July 24, 2010 --------------------------------------------------------------------------------------------------------- : Week ending Region :-------------------------------------------------------------------------- : June 26, : July 3, : July 10, : July 17, : July 24, : 2010 : 2010 : 2010 : 2010 : 2010 --------------------------------------------------------------------------------------------------------- : dollars per pound Price weighted by sales : Minnesota and Wisconsin ......: 1.5084 1.4954 1.4940 1.5667 1.5817 : Other States .................: 1.3995 1.3965 1.4050 1.4300 1.4927 : United States ................: 1.4063 1.4025 1.4112 1.4369 1.4999 : : pounds Sales : Minnesota and Wisconsin ......: 718,981 860,718 808,261 637,803 908,774 : Other States .................: 10,909,107 13,322,077 10,696,231 11,982,470 10,345,747 : United States ................: 11,628,088 14,182,795 11,504,492 12,620,273 11,254,521 --------------------------------------------------------------------------------------------------------- 500 Pound Barrel Cheddar Cheese Prices, Sales, and Moisture Content - Region and United States: June 26, 2010-July 24, 2010 --------------------------------------------------------------------------------------------------------- : Week ending Region :-------------------------------------------------------------------------- : June 26, : July 3, : July 10, : July 17, : July 24, : 2010 : 2010 : 2010 : 2010 : 2010 --------------------------------------------------------------------------------------------------------- : dollars per pound Price weighted by sales : Minnesota and Wisconsin ......: 1.4573 1.4747 1.4976 1.5528 1.6018 : Other States .................: 1.4622 1.4621 1.4823 1.5468 1.5665 : United States ................: 1.4599 1.4672 1.4890 1.5494 1.5809 : Price adjusted to 38% moisture: weighted by sales : Minnesota and Wisconsin ......: 1.3897 1.4106 1.4329 1.4882 1.5347 : Other States .................: 1.3874 1.3943 1.4103 1.4680 1.4947 : United States ................: 1.3884 1.4009 1.4202 1.4766 1.5110 : : pounds Sales : Minnesota and Wisconsin ......: 4,746,800 4,436,587 5,312,362 4,511,336 4,302,911 : Other States .................: 5,658,688 6,457,965 6,832,145 6,022,931 6,240,320 : United States ................: 10,405,488 10,894,552 12,144,507 10,534,267 10,543,231 : : percent Moisture content : weighted by sales : Minnesota and Wisconsin ......: 34.98 35.19 35.20 35.31 35.29 : Other States .................: 34.66 34.98 34.84 34.67 35.02 : United States ................: 34.81 35.07 35.00 34.94 35.13 --------------------------------------------------------------------------------------------------------- Butter Prices and Sales - United States: June 26, 2010-July 24, 2010 --------------------------------------------------------------------------------------------------------- : Week ending Region :-------------------------------------------------------------------------- : June 26, : July 3, : July 10, : July 17, : July 24, : 2010 : 2010 : 2010 : 2010 : 2010 --------------------------------------------------------------------------------------------------------- : dollars per pound Price weighted by sales : United States ................: 1.6478 1.7031 1.7201 1.7438 1.7713 : : pounds Sales : United States ................: 5,785,404 3,391,924 3,530,376 3,604,975 4,613,050 --------------------------------------------------------------------------------------------------------- Nonfat Dry Milk Prices and Sales - United States: June 26, 2010-July 24, 2010 --------------------------------------------------------------------------------------------------------- : Week ending Region :-------------------------------------------------------------------------- : June 26, : July 3, : July 10, : July 17, : July 24, : 2010 : 2010 : 2010 : 2010 : 2010 --------------------------------------------------------------------------------------------------------- : dollars per pound Price weighted by sales : United States ................: 1.2159 1.2815 1.2330 1.2335 1.1865 : : pounds Sales : United States ................: 26,966,874 11,239,526 12,650,367 14,938,814 18,424,867 --------------------------------------------------------------------------------------------------------- Dry Whey Prices and Sales - United States: June 26, 2010-July 24, 2010 --------------------------------------------------------------------------------------------------------- : Week ending Region :-------------------------------------------------------------------------- : June 26, : July 3, : July 10, : July 17, : July 24, : 2010 : 2010 : 2010 : 2010 : 2010 --------------------------------------------------------------------------------------------------------- : dollars per pound Price weighted by sales : United States ................: 0.3635 0.3716 0.3621 0.3615 0.3621 : : pounds Sales : United States ................: 9,146,412 8,827,659 8,656,833 10,933,721 9,445,130 --------------------------------------------------------------------------------------------------------- Statistical Methodology Data collection period: Dairy Products Prices statistics are based upon survey data collected after Saturday of each week. Sampling frames and sample size: In 2009, the Dairy Products Prices program consists of 89 manufacturing plants selling more than one million pounds as defined by Public Law Number 106-532. There are 20 plants reporting 40 pound cheddar blocks, 16 plants reporting 500 pound cheddar barrels, 23 plants reporting butter, 38 plants reporting nonfat dry milk, and 23 plants reporting dry whey. There are 7 plants in the Minnesota and Wisconsin Region reporting 40 pound cheddar blocks and 10 plants in the Minnesota and Wisconsin Region reporting 500 pound cheddar barrels. Modes of data collection: Data are collected by electronic data reporting, telephone, and facsimile. Term and definitions: Firms complete the weekly questionnaires using definitions from Public Law Number 106-532 and through the aid of instructions provided during the Annual Validation interview as well as provided information on the questionnaire. Reliability: Price data included in the Dairy Products Prices report are collected through a Census of all qualifying manufacturers of the following products: 1) Cheddar cheese in 40 pound blocks, colored between 6 and 8 on the National Cheese Institute color chart, meeting Wisconsin State Brand, USDA Grade A, or better standards. 2) Cheddar cheese in 500 pound barrels, white, meeting Wisconsin State Brand, USDA Grade A, or better standards. 3) Salted butter (80% butterfat), fresh or storage, in 25 kilogram and 68 pound boxes meeting USDA Grade AA standards. 4) Non-fortified, nonfat dry milk in 25 kilogram bags, 50 pound bags, totes, and tankers meeting USDA Extra Grade or USPH Grade A standards. 5) Edible non-hygroscopic dry whey in 25 kilogram bags, 50 pound bags, totes, and tankers meeting USDA Extra Grade standards. Estimating Procedures: Price data reported by manufacturers are reviewed for reasonableness and consistency by comparing with data reported in prior weeks and by data reported by other firms in their region and national trends. During weekly review both field office and Agricultural Statistics Board re- contact manufacturers to verify any unusual data relationships. In some cases manufacturers unable to sufficiently explain unusual data relationships are sent to the Agriculture Marketing Service for on-site verification. Revision Policy: Dairy Products Prices information is subject to revisions to the previous four weeks. The previous two calendar years of estimates for the weekly dairy products prices are subject to verification by AMS. Information Contacts Listed below are the commodity specialists in the Livestock Branch of the National Agricultural Statistics Service to contact for additional information. E-mail inquiries may be sent to nass@nass.usda.gov Dan Kerestes, Chief, Livestock Branch ........... (202) 720-3570 Scott Hollis, Head, Livestock Section ........... (202) 690-2424 Jim Collom - Dairy Products .................. (202) 690-3236 Joe Gaynor - Dairy Products Prices ........... (202) 690-2168 Jason Hardegree - Cattle, Cattle on Feed ..... (202) 720-3040 Sherry Bertramsen - Livestock Slaughter ...... (515) 284-4340 Everett Olbert - Sheep and Goats ............. (202) 720-4751 Mike Miller - Milk Production and Milk Cows .. (202) 720-3278 Nick Streff - Hogs and Pigs .................. (202) 720-3106 Access to NASS Reports For your convenience, you may access NASS reports and products the following ways: All reports are available electronically, at no cost, on the NASS web site: http://www.nass.usda.gov Both national and state specific reports are available via a free e- mail subscription. 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