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US Dairy Product Prices – January 28, 2015

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In the US market prices for cheese, dry whey and nonfat dry milk all decreased while butter prices firmed slightly according to the latest USDA price survey.  
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Butter prices received for 25 kilogram and 68 pound boxes meeting United States Department of Agriculture (USDA) Grade AA standards averaged $1.56 per pound for the week ending January 24, 2015. The United States (US) price per pound increased 0.4 cents from the previous week.

Cheddar Cheese prices received for US 40 pound blocks averaged $1.57 per pound for the week ending January 24, 2015. The price per pound decreased 1.1 cents from the previous week. The price for US 500 pound barrels adjusted to 38 percent moisture averaged $1.56 per pound, decreased 0.7 cents from the previous week.

Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards averaged 58.5 cents per pound for the week ending January 24, 2015. The US price per pound decreased 0.7 cents 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 $1.00 per pound for the week ending January 24, 2015. The US price per pound decreased 0.8 cents from the previous week.

Butter Prices and Sales
12/27/2014 - 01/24/2015

                         12/27        1/03        1/10        1/17         1/24
Weighted Price
(dollars per pound)     1.6584      1.6166      1.5529      1.5510       1.5550

Sales
(pounds)             1,984,209   2,527,650   5,191,847*  3,708,678*   4,603,267


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40 Pound Block Cheddar Cheese Prices and Sales
12/27/2014 - 01/24/2015

                         12/27        1/03        1/10        1/17         1/24

Weighted Price
(dollars per pound)     1.6339      1.6119      1.5979*     1.5814*      1.5701

Sales
(pounds)            10,239,208  12,816,525  16,364,481* 13,286,893*  13,164,684


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500 Pound Barrel Cheddar Cheese Prices, Sales, and Moisture Content
12/27/2014 - 01/24/2015


                         12/27        1/03        1/10        1/17         1/24

Weighted Price
(dollars per pound)     1.6648      1.6474      1.6091      1.6417       1.6374

Weighted Price
adjusted to 38%         1.5894      1.5672      1.5322      1.5661       1.5594
moisture
(dollars per pound)

Sales
(pounds)             8,306,632   9,122,463  10,718,107   9,843,246    9,549,322

Weighted
Moisture Content         35.06       34.83       34.89       35.01        34.90
(Percent)


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Dry Whey Prices and Sales
12/27/2014 - 01/24/2015


                         12/27        1/03        1/10        1/17         1/24

Weighted Price
(dollars per pound)     0.5866      0.5935      0.5881      0.5924       0.5852

Sales
(pounds)             3,452,400   3,380,858   7,604,633   7,869,175    6,838,549

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Nonfat Dry Milk Prices and Sales
12/27/2014 - 01/24/2015


                         12/27        1/03        1/10        1/17         1/24

Weighted Price
(dollars per pound)     1.1698      1.1457      1.0452      1.0098*      1.0022

Sales
(pounds)            11,625,091  13,607,539  21,912,707  26,121,895*  22,755,290

 

Total
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