Milk Prices Are Up

The Wisconsin all milk price for September was $18.30 per hundredweight, according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report.

This was 90 cents above last month’s price and 40 cents above last September’s price.

The U.S. all milk price for September was $18.40 per hundredweight, 10 cents higher than Wisconsin’s price and 70 cents higher than last month’s U.S. price. All 24 major milk producing states had a higher price when compared with August.

The Chicago Mercantile Exchange 40‐pound block cheese price closed at $1.6750 per pound on Oct. 29, while barrels were $1.8200 per pound. The CME butter price was $1.9400 per pound.

For the week ending Oct. 23, the Agricultural Marketing Service U.S. weekly 40‐pound block cheese price averaged $1.8251 per pound, and 500-pound barrels adjusted to 38 percent moisture averaged $1.7848 per pound. The U.S. butter price was $1.7825 per pound.