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US Dairy Product Prices – January 8, 2014

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Farmers Weekly
January 9, 2014
Butter prices received for 25 kilogram and 68 pound boxes meeting United States Department of Agriculture (USDA) Grade AA standards averaged $1.57 per pound for the week ending January 4, 2014. The United States (US) price per pound decreased 0.3 cents from the previous week. Cheddar Cheese prices received for US 40 pound blocks averaged $1.96 per pound for the week ending January 4, 2014. The price per pound increased 4.6 cents from the previous week. The price for US 500 pound barrels adjusted to 38 percent moisture averaged $1.97 per pound, up 6.8 cents from the previous week. Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards averaged 59.8 cents per pound for the week ending January 4, 2014. The US price per pound increased 2.6 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 $2.00 per pound for the week ending January 4, 2014. The US price per pound increased 2.4 cents from the previous week.  
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Butter Prices and Sales
12/07/2013 - 01/04/2014

                         12/07       12/14       12/21       12/28         1/04
Weighted Price
(dollars per pound)     1.6559      1.6316      1.6465*     1.5730*      1.5698

Sales
(pounds)             1,936,861   3,346,424   1,149,233*  1,522,697*   3,062,899


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40 Pound Block Cheddar Cheese Prices and Sales
12/07/2013 - 01/04/2014

                         12/07       12/14       12/21       12/28         1/04

Weighted Price
(dollars per pound)     1.8419      1.8700*     1.8889      1.9122*      1.9579

Sales
(pounds)            12,017,095  10,314,002  10,193,854   7,601,067*   8,350,632


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500 Pound Barrel Cheddar Cheese Prices, Sales, and Moisture Content
12/07/2013 - 01/04/2014


                         12/07       12/14       12/21       12/28         1/04

Weighted Price
(dollars per pound)     1.8959*     1.9459      1.9219      1.9897       2.0600

Weighted Price
adjusted to 38%         1.8105*     1.8521      1.8358      1.8990       1.9666
moisture
(dollars per pound)

Sales
(pounds)            11,839,380  11,302,901  10,207,370   9,930,157   10,364,785

Weighted
Moisture Content         35.07       34.86       35.09       35.04        35.06
(Percent)


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Dry Whey Prices and Sales
12/07/2013 - 01/04/2014


                         12/07       12/14       12/21       12/28         1/04

Weighted Price
(dollars per pound)     0.5592      0.5750*     0.5758*     0.5720*      0.5975

Sales
(pounds)             7,082,107   7,799,761*  8,523,708   5,924,237*   4,351,557

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Nonfat Dry Milk Prices and Sales
12/07/2013 - 01/04/2014


                         12/07       12/14       12/21       12/28         1/04

Weighted Price
(dollars per pound)     1.9356*     1.9475*     1.9624*     1.9787*      2.0029

Sales
(pounds)            13,355,929  16,744,150* 17,171,041   7,751,145*  13,955,693

 

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