Dairy products: Butter up, cheese down

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USDA’s Dairy Product Price report released Friday afternoon shows the following trends for the week ending Oct. 29: 

  • Butter prices received for 25-kilogram and 68-pound boxes meeting United States Department of Agriculture (USDA) Grade AA standards averaged $1.83 per pound for the week ending Oct. 29. The United States (U.S.) price per pound increased 2.5 cents from the previous week.
  • Cheddar Cheese prices received for U.S. 40 pound blocks averaged $1.72 per pound for the week ending Oct. 29. The price per pound decreased 0.5 cent from the previous week. The price for U.S. 500 pound barrels adjusted to 38 percent moisture averaged $1.74 per pound, down 0.1 cent from the previous week.
  • Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards averaged 62.4 cents per pound for the week ending Oct. 29. The U.S. price per pound increased 0.3 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 $1.49 per pound for the week ending Oct. 29. The U.S. price per pound decreased 1.0 cent from the previous week.

 Source: USDA



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