The Wisconsin all milk price for June was $18.30 per hundredweight, according to the latest USDA Agricultural Prices report. That was $1.40 lower than last month's price and $1.50 below the same month last year.
The U.S. all milk price for June was $18.40 per cwt, 10-cents higher than Wisconsin's price, but 80-cents lower than last month. Of the 24 major milk producing states, 18 had a lower price when compared with May.
Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $1.63 per pound on July 29, while barrels were $1.39 per pound. The CME butter price was $1.62 per pound.
For the week ending July 24, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.66 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.58 per pound. The U.S. butter price was $1.72 per pound.
Categories: Wisconsin, Livestock, Dairy Cattle