The Wisconsin all milk price for March 2021 was $17.50 per hundredweight (cwt) according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was 30 cents higher than last month’s price but 60 cents lower than last March’s price.
The U.S. all milk price for March was $17.40 per cwt, 10 cents lower than Wisconsin’s price but 30 cents higher than last month’s U.S. price. Twenty-three of the 24 major milk producing states had a higher price when compared with February. Only California had a price decrease, down 70 cents to $17.10 per cwt.
The Chicago Mercantile Exchange* (CME) 40‐pound block cheese price closed at $1.8000 per pound on April 30, while barrels were $1.8350 per pound. The CME butter price was $1.7525 per pound.
For the week ending April 24, 2021, the Agricultural Marketing Service* U.S. weekly 40‐pound block cheese price averaged $1.7964 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.6545 per pound. The U.S. butter price was $1.8277 per pound.