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November All Milk Price Rose to $22.70 Cwt.
Wisconsin Ag Connection - 01/04/2021

The Wisconsin all milk price for November was $22.70 per hundredweight, according to the latest USDA Agricultural Prices report. That was $1.20 higher than last month's price and 20-cents more than the same time last year.

The U.S. all milk price was $21.30 per cwt, $1.40 lower than Wisconsin's price, but $1.10 higher than last month's U.S. price. All of the 24 major milk producing states had a higher price when compared to October, with the exception of Idaho.

Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $1.64 per pound on December 30, while barrels were $1.50 per pound. The CME butter price was $1.44 per pound.

For the week ending December 26, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.66 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.47 per pound. The U.S. butter price was $1.48 per pound.


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