Cheddar, butter, whey, dry milk price fell last week
Butter prices received for 25 kilogram and 68 pound boxes meeting United States Department of Agriculture (USDA) Grade AA standards averaged $1.55 per pound for the week ending Feb. 4, 2012. The U.S. price per pound decreased 4.3 cents from the previous week.
Cheddar Cheese prices received for U.S. 40-pound blocks averaged $1.56 per pound for the week, down2.5 cents from the previous week. The price for U.S. 500-pound barrels adjusted to 38% moisture averaged $1.54 per pound, down 3.7 cents.
Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards averaged 66.5 cents per pound, down 1.0 cent from the previous week.
Nonfat Dry Milk prices received for bag, tote, and tanker sales meeting USDA Extra Grade or United States Public Health Service (USPHS) Grade A standards averaged $1.39 per pound, a decrease of 0.8 cent.
Read the entire report on the website of the National Agricultural Statistics Service.