US National Dairy Product Sales Report – November 14, 2013

Butter prices received for 25 kilogram and 68 pound boxes meeting United States Department of Agriculture (USDA) Grade AA standards averaged $1.48 per pound for the week ending November 9, 2013. The United States (US) price per pound decreased 1.2 cents from the previous week. Cheddar Cheese prices received for US 40 pound blocks averaged $1.86 per pound for the week ending November 9, 2013. The price per pound increased 3.2 cents from the previous week. The price for US 500 pound barrels adjusted to 38 percent moisture averaged $1.85 per pound, up 3.4 cents from the previous week. Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards averaged 57.2 cents per pound for the week ending November 9, 2013. The US price per pound decreased 0.8 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 $1.88 per pound for the week ending November 9, 2013. The US price per pound increased 1.8 cents from the previous week. Butter Prices and Sales 10/12/2013 - 11/09/2013 10/12** 10/19 10/26 11/02 11/09 Weighted Price (dollars per pound) 1.5425 1.5677 1.5239 1.4949 1.4828 Sales (pounds) NA 3,537,562 2,183,772 2,718,739 5,152,974 --------------------------------------------------------------------------------------- 40 Pound Block Cheddar Cheese Prices and Sales 10/12/2013 - 11/09/2013 10/12** 10/19 10/26 11/02 11/09 Weighted Price (dollars per pound) 1.7890 1.7889 1.7976 1.8248 1.8569 Sales (pounds) NA 10,861,148 12,408,028 11,474,162* 10,256,672 ---------------------------------------------------------------