The Wisconsin all milk price for December was $21.60 per hundredweight, according to the latest USDA Agricultural Prices report. The highest price for all of 2021, it was $1.30 above last month’s price, and $3.50 more than the previous December.
The U.S. all milk price for December was $21.80 per cwt., 20-cents higher than Wisconsin’s price and $1.00 over last month’s U.S. price. All the 24 major milk producing states had a higher price when compared with November.
Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $1.83 per pound on January 31, while barrels were $1.78 per pound. The CME butter price was $2.54 per pound.
For the week ending January 22, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $2.01 per pound, and 500-pound barrels adjusted to 38 percent moisture averaged $1.84 per pound. The U.S. butter price was $2.72 per pound.
Source: Wisconsin Ag