Major Milk States See Price Drop

The Wisconsin all milk price for August was $17.40 per hundredweight according to the latest USDA prices report. This was 30 cents below last month’s price and $2 below last August’s price.

The U.S. all milk price for August was $17.70 per cwt, 30 cents higher than Wisconsin’s price but 20 cents lower than last month’s U.S. price. Twenty of the 24 major milk producing states had a lower price, two states, Arizona and Illinois, had no change in price, and two states, Idaho and New York, had a higher price when compared with July.

The Chicago Mercantile Exchange 40‐pound block cheese price closed at $1.87 and a quarter per pound on Sept. 30, while barrels were $1.75 and a half per pound. The CME butter price was $1.76 per pound.

For the week ending Sept. 25, the Agricultural Marketing Service U.S. weekly 40‐pound block cheese price averaged $1.7892 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.5096 per pound. The U.S. butter price was $1.7840 per pound.