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Wisconsin All Milk Price for February

Friday, March 29th, 2019 -- 8:51 AM

(Wisconsin Ag Connection) -The Wisconsin all milk price for February was $16.30 per hundredweight, according to the latest USDA Agricultural Prices report.

That's 10-cents higher than last month's price and 70-cents more than the same month a year earlier. The U.S. all milk price was $16.80 per cwt, 50-cents higher than Wisconsin's price and 20-cents above January's U.S. price. Twenty of the 23 major milk producing states had a higher price when compared with January. Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $1.71 per pound on March 28, while barrels were $1.59 per pound. The CME butter price was $2.26 per pound.

For the week ending March 23, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.59 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.45 per pound. The U.S. butter price was $2.26 per pound.

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