The Wisconsin all milk price for February 2021 was $17.20 per hundredweight (cwt) according to the latest USDA, National Agricultural Statistics Service—Agricultural Prices report. This was 30 cents lower than last month’s price and $1.90 lower than last February’s price.
The U.S. all milk price for February was $17.10 per cwt, 10 cents lower than Wisconsin’s price and 40 cents lower than last month’s U.S. price.
Sixteen of the 24 major milk producing states had a lower price when compared with January, seven states had a higher price and one had no change in price.
Kansas had the largest price decrease, down $1.30 per cwt., while Florida and New York had the largest increases, both up 30 cents per cwt.
The Chicago Mercantile Exchange (CME) 40-pound block cheese price closed at $1.7375 per pound on March 31, while barrels were $1.4825 per pound. The CME butter price was $1.8175 per pound.
For the week ending March 27, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.7488 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.5459 per pound. The U.S. butter price was $1.5985 per pound.