Milk & Cheese Prices Increase, Butter Declines From Last Week

Butter prices received for 25 kilogram and 68 pound boxes meeting United States Department of Agriculture (USDA) Grade AA standards averaged $1.69 per pound for the week ending December 4, 2010. The United States (US) price per pound decreased 17.6 cents from the previous week.

Cheddar Cheese prices received for US 40 pound blocks averaged $1.45 per pound for the week ending December 4, 2010. The price per pound decreased 1.9 cents from the previous week. The price for US 500 pound barrels adjusted to 38 percent moisture averaged $1.46 per pound, up 0.3 cents from the previous week.

Dry Whey prices received for bag, tote, and tanker sales meeting USDA Extra Grade standards averaged 37.7 cents per pound for the week ending December 4, 2010. The US price per pound decreased slightly 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 $1.21 per pound for the week ending December 4, 2010. The US price per pound increased 0.4 cents from the previous week.

1. Ag markets mixed again Tuesday
2. Behold, the power of Greek yogurt’s whey
3. Milk and dairy product prices remain stable
4. Ag markets generally mixed around midsession on Tuesday
5. How China may keep Calif. dairies in business
6. Why commodity feeding?

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. Uncertainty hangs over milk futures market
3. Chobani pushes back against UK Greek yogurt ban
4. Cattle crush Calif. dairy worker
5. WASDE: Corn price outlook lowered
6. How China may keep Calif. dairies in business

1. Commentary: Clueless consumers
2. Commentary: Why should we care about the farm bill?