Wisconsin Milk Price for October
Friday, November 30th, 2018 -- 9:00 AM
(Wisconsin Ag Connection) -The Wisconsin all milk price for October was $17.60 per hundredweight.According to the latest USDA Agricultural Prices report, that was 20-cents higher than last month's price, but 90-cents lower than last October. The U.S. all milk price for October was $17.40 per cwt, 20-cents lower than Wisconsin's price, but 70-cents higher than the previous month. All of the 23 major milk producing states had a higher price when compared with September. The Chicago Mercantile Exchange 40-pound block cheese price closed at $1.36 per pound on November 29, while barrels were $1.31 per pound. The CME butter price was $2.22 per pound.
For the week ending November 24, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.47 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.36 per pound. The U.S. butter price was $2.25 per pound.
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