U.S. retailers are promoting butter, cottage cheese and milk for the week of April 24 to 30, according to USDA’s Dairy Market News. Following are highlights from the current issue:
There was strong growth in ad numbers for 1# butter, +127%; 16 oz. cottage cheese, 186%; and gallon milk, 125%.
National weighted average advertised prices are: butter, $2.86, down 40 cents; cottage cheese, $2.10, down 21 cents; and gallon milk, $2.91, up 6 cents.
Average price of a half-pound of cheese is $2.38
The U.S. average advertised price for 8 ounce cheese blocks, $2.38, is up 16 cents from one week ago, and 17 cents from a year ago; 8 ounce shredded cheese at $2.54, is 24 cents above a week ago and 10 cents above one year ago. Cheese ad numbers increased 23% from last week.
Prices of yogurts hold steady; retailers are not promoting the category
The average price of 4-6 ounce Greek yogurt, $.99, is 1 cent above last week, and even with a year ago. Yogurt in 4-6 ounce packages averages 46 cents, down 2 cents from last week, and down 5 cents from a year ago. Yogurt ad numbers decreased 6% from last week.
A half-gallon of organic milk costs $1.88 more than conventional milk
The organic/conventional half-gallon milk price spread is $1.88, up 21 cents from last week. The price spread is the difference between the national weighted average conventional milk price for half gallons, $1.87, down 26 cents from one week ago, and the average for organic half gallon milk, $3.75, down 5 cents from last week.
Note: advertised prices for dairy products at major retail supermarket outlets ending during the period of April 24 to 30, 2015.