Wisconsin Ag Connection - December All Milk Price Fell to $18.20 Cwt.

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December All Milk Price Fell to $18.20 Cwt.
Wisconsin Ag Connection - 02/01/2021

The Wisconsin all milk price for December was $18.10 per hundredweight, according to the latest USDA Agricultural Prices report. That was $4.60 lower than last month's price and $3.30 lower than last December's price.

The U.S. all milk price was $18.50 per cwt, 40 cents higher than Wisconsin's price, but $2.80 lower than a month earlier. Nineteen of the 24 major milk producing states had a lower price when compared with November.

Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $1.57 per pound on January 29, while barrels were $1.39 per pound. The CME butter price was $1.24 per pound.

For the week ending January 23, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.78 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.62 per pound. The U.S. butter price was $1.41 per pound.

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