Retail Dairy Prices: Whole Milk Rebounds, Butter Hits 27-Month High

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Salted grade AA butter increased by 6 cents in October, selling for $3.63 per stick. The increase resets the 27-month high for the second month in a row. Fresh whole milk also improved, rising 4 cents to $3.32 per gallon. With the increase, milk rebounds from two consecutive months of lower prices. Milk is 4 cents above the 27-month average. October’s milk price sets the high for the year, but is 56 cents under the 27-month high.

American cheese improved by 14 cents to $4.00, but cheddar cheese fell 7.5 cents lower in October.

Retail Dairy Prices Board

  Milk: Fresh, Whole3.3133.3033.2783.3210.043Report
  Butter: Salted, Grade AA3.1553.2423.5733.6340.061Report
  Cheese: American3.9563.8113.8644.0040.140Report
  Cheese: Cheddar, Natural4.6314.6504.7264.651-0.075Report
  Ice Cream: Pre-packaged4.4324.4214.3254.6020.277Report

Source: USDA/ERS

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