The Wisconsin all milk price for April has set a new all-time record of $27.10 per hundredweight. According to the latest USDA Agricultural Prices report, that was $1.80 above last month's price and $8.20 more than last April. The previous all milk price record for the state was set in September 2014 when it reached $26.60.
The U.S. all milk price was also $27.10 per cwt., the same as Wisconsin's price and $1.20 higher than last month's U.S. price. All of the 24 major milk producing states had a higher price when compared with March.
Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $2.24 per pound on May 31, while barrels were $2.29 per pound. The CME butter price was $2.88 per pound.
For the week ending May 21, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $2.37 per pound, and 500-pound barrels adjusted to 38 percent moisture averaged $2.41 per pound. The U.S. butter price was $2.72 per pound.
Categories: Wisconsin, Livestock, Dairy Cattle