The Wisconsin all milk price for July was $17.70 per hundredweight, according to the latest USDA Agricultural Prices report. That was 60-cents lower than last month's price and $4.60 below the same month last year.
The U.S. all milk price for July was $17.90 per cwt, which was 20-cents higher than Wisconsin's price, but 50-cents lower than last month's U.S. price. All the 24 major milk producing states had a lower price when compared with June.
Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $1.71 per pound on August 31, while barrels were $1.38 per pound. The CME butter price was $1.76 per pound.
For the week ending August 21, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.69 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.41 per pound. The U.S. butter price was $1.73 per pound.
Categories: Wisconsin, Livestock, Dairy Cattle