Butter prices received for 25 kilogram and 68 pound boxes meeting United States Department of Agriculture (USDA) Grade AA standards averaged $1.42 per pound for the week ending Feb. 25, 2012. The U.S. price per pound decreased 2.2 cents from the previous week.
The prices were reported on March 2 by USDA’s National Agricultural Statistics Service (NASS).
Cheddar Cheese prices received for U.S. 40-pound blocks averaged $1.49 per pound for the week, a decrease of 1.1 cents from the previous week. The price for U.S. 500-pound barrels adjusted to 38% moisture averaged $1.51 per pound, down 1.1 cents.
Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards averaged 61.1 cents per pound, a decrease of 2.9 cents.
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 $1.37 per pound, up 0.5 cents.