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November Milk Prices Lower Than Last Year's
USAgNet - 01/07/2014

The USDA's National Agricultural Statistics Service says the December 2013 milk price is expected to rise 10 cents to $21.90 per cwt.

The expected U.S. milk price for December is $21.80 per cwt., 10 cents lower than Wisconsin's price, but 20 cents higher than the November U.S. price. Fifteen of the major milk producing states are expecting an increase in price, five of the major states will expect no change in price, while New York, Vermont, and Kansas are expecting decreases in price . California is expecting the largest increase in price, rising 49 cents to $20.50 per cwt.

Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $2.00 per pound on December 27, while barrels were $1.97 per pound. The CME butter price was $1.55 per pound.

For the week ending December 21, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.88 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.83 per pound. The U.S. butter price was $1.64 per pound.

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