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US National Dairy Product Sales Report – July 10, 2013

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In the US market butter and cheese prices have softened this week whilst firmer prices for non-fat dry milk and dry whey were recorded.
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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 $1.46 per pound for the week ending July 6, 2013. The United States (US) price per pound decreased 4.6 cents from the previous week.

Cheddar Cheese prices received for US 40 pound blocks averaged $1.72 per pound for the week ending July 6, 2013. The price per pound decreased 2.5 cents from the previous week. The price for US 500 pound barrels adjusted to 38 percent moisture averaged $1.71 per pound, down 7.2 cents from the previous week.

Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards averaged 58.2 cents per pound for the week ending July 6, 2013. The US price per pound increased 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 $1.71 per pound for the week ending July 6, 2013. The US price per pound increased 0.9 cents from the previous week.

Butter Prices and Sales
06/08/2013 - 07/06/2013

                          6/08        6/15        6/22        6/29         7/06
Weighted Price
(dollars per pound)     1.5495*     1.5688      1.5501      1.5109       1.4648

Sales
(pounds)             2,512,900*  2,410,722   3,339,732   3,469,666    5,024,471


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40 Pound Block Cheddar Cheese Prices and Sales
06/08/2013 - 07/06/2013

                          6/08        6/15        6/22        6/29         7/06

Weighted Price
(dollars per pound)     1.7775      1.7552      1.7502      1.7466       1.7220

Sales
(pounds)            10,047,094  10,932,931   9,937,579  11,746,162   11,088,469


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500 Pound Barrel Cheddar Cheese Prices, Sales, and Moisture Content
06/08/2013 - 07/06/2013


                          6/08        6/15        6/22        6/29         7/06

Weighted Price
(dollars per pound)     1.8437      1.8478      1.8815      1.8733       1.7977

Weighted Price
adjusted to 38%         1.7622      1.7708      1.7963      1.7830       1.7110
moisture
(dollars per pound)

Sales
(pounds)            10,004,605   9,649,471   9,377,762   9,324,215    8,623,839

Weighted
Moisture Content         35.13       35.31       35.06       34.86        34.86
(Percent)


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Dry Whey Prices and Sales
06/08/2013 - 07/06/2013


                          6/08        6/15        6/22        6/29         7/06

Weighted Price
(dollars per pound)     0.5680      0.5739      0.5822      0.5717*      0.5818

Sales
(pounds)             8,282,578   8,095,211   8,413,919   9,471,982*   6,006,248

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Nonfat Dry Milk Prices and Sales
06/08/2013 - 07/06/2013


                          6/08        6/15        6/22        6/29         7/06

Weighted Price
(dollars per pound)     1.6839      1.6813      1.6877      1.6974*      1.7060

Sales
(pounds)            18,461,823  21,944,670  21,314,819* 21,536,246   14,573,488

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