Mixed Wekk for Dairy Product Markets
WASHINGTON - May 3/02 - STAT -- Dairy product prices managed a mixed performance during the week ending April 27, with cheese and nonfat dry milk advancing, while butter and dry whey gave up ground.
In its latest review of market conditions in the United States, the USDA found Cheddar Cheese prices received for US 40 pound Blocks averaged $1.23 per pound. The price per pound increased 0.1 cents from the previous week. The price for US 500 pound Barrels adjusted to 38% moisture averaged $1.23 per pound, up 1.2 cents from the previous week.
Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.13 per pound. The U.S. price per pound decreased 2.6 cents from the previous week.
Nonfat Dry Milk prices received for bag, tote and tanker sales meeting USDA Extra Grade or USPH Grade A standards averaged 89.7 cents per pound. The U.S. price per pound increased slightly from the previous week.
Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 18.7 cents per pound. The U.S. price per pound decreased 0.9 cents from the previous week.
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