Saturday, April 27, 2024

Prices drop further in the US

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Dairy commodity prices continued to slide further in the US market during the final reporting week of 2014.
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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 $1.66 per pound for the week ending December 27, 2014. The United States (US) price per pound decreased 23.5 cents from the previous week.

Cheddar Cheese prices received for US 40 pound blocks averaged $1.64 per pound for the week ending December 27, 2014. The price per pound decreased 4.6 cents from the previous week. The price for US 500 pound barrels adjusted to 38 percent moisture averaged $1.59 per pound, decreased 0.1 cents from the previous week.

Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards averaged 58.7 cents per pound for the week ending December 27, 2014. 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 $1.17 per pound for the week ending December 27, 2014. The US price per pound decreased 8.0 cents from the previous week.

Butter Prices and Sales
11/29/2014 - 12/27/2014

                         11/29       12/06       12/13       12/20        12/27
Weighted Price
(dollars per pound)     2.0043      1.9814      1.9561      1.8970*      1.6618

Sales
(pounds)             2,874,465   4,268,052   3,116,542   3,043,784*   1,901,536


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40 Pound Block Cheddar Cheese Prices and Sales
11/29/2014 - 12/27/2014

                         11/29       12/06       12/13       12/20        12/27

Weighted Price
(dollars per pound)     2.0229      1.8865      1.7738      1.6830*      1.6373

Sales
(pounds)            10,197,572  13,446,331  14,135,413  13,453,803*   9,279,778


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500 Pound Barrel Cheddar Cheese Prices, Sales, and Moisture Content
11/29/2014 - 12/27/2014


                         11/29       12/06       12/13       12/20        12/27

Weighted Price
(dollars per pound)     2.0601      1.9197      1.7866      1.6680       1.6648

Weighted Price
adjusted to 38%         1.9682      1.8297      1.7038      1.5900       1.5894
moisture
(dollars per pound)

Sales
(pounds)             8,641,700   9,961,261  10,442,002   9,999,121    8,306,632

Weighted
Moisture Content         35.10       34.95       34.99       34.96        35.06
(Percent)


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Dry Whey Prices and Sales
11/29/2014 - 12/27/2014


                         11/29       12/06       12/13       12/20        12/27

Weighted Price
(dollars per pound)     0.6211*     0.5846      0.5854      0.5938*      0.5866

Sales
(pounds)             5,198,763* 10,268,469   8,457,384   6,444,391*   3,453,282

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Nonfat Dry Milk Prices and Sales
11/29/2014 - 12/27/2014


                         11/29       12/06       12/13       12/20        12/27

Weighted Price
(dollars per pound)     1.3318      1.3098      1.2551      1.2499*      1.1700

Sales
(pounds)            16,888,709  19,753,602  19,594,771* 16,796,447*  11,458,771

 

Total
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