The National Agricultural Statistics Service (NASS) reported today that butter prices received for 25 kilogram and 68 pound boxes meeting United States Department of Agriculture (USDA) Grade AA standards averaged $1.58 per pound for the week ending Jan. 14. The U.S. price per pound decreased 1.9 cents from the previous week. NASS is a division of the USDA.
Cheddar Cheese prices received for 40-pound blocks averaged $1.57 per pound for the week, a decrease of 0.9 cent from the previous week. The price for 500-pound barrels adjusted to 38% moisture averaged $1.61 per pound, up 0.5 cent from the previous week.