The Wisconsin all milk price for March was $25.30 per hundredweight, according to the latest USDA Agricultural Prices report. That was $1.30 above last month’s price and $7.60 more than the previous March. It was also the highest all milk price since September 2014 when it reached an all-time record of $26.60.
The U.S. all milk price for March was $25.90 per cwt., 60-cents higher than Wisconsin’s price and $1.20 more than last month’s U.S. price. All the 24 major milk producing states had a higher price when compared with February.
Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $2.37 per pound on April 29, while barrels were $2.34 per pound. The CME butter price was $2.67 per pound.
For the week ending April 23, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $2.32 per pound, and 500-pound barrels adjusted to 38 percent moisture averaged $2.36 per pound. The U.S. butter price was $2.77 per pound.
Source: Wisconsin Ag Connection