DAIRY MARKET NEWS DOMESTIC MONTHLY SUMMARY AND AVERAGES FOR JUNE 20171 - (UNLESS OTHERWISE NOTED, PRICES ARE DOLLARS PER P

 ::REPORT NUMBER 22 ::REPORT NUMBER 23 ::REPORT NUMBER 24 ::REPORT NUMBER 25 ::REPORT NUMBER 26 : COMMODITY ::-----------------::-----------------::-----------------::-----------------::-----------------: :: JUN 1 - 2 :: JUN 5 - 9 :: JUN 12 - 16 :: JUN 19 - 23 :: JUN 26 - 30 :

 CHEESE WISCONSIN (WSP, Delivered, LTL) -- Process American 5# Loaf :: 1.5775 - 1.9375 :: 1.6225 - 1.9825 :: 1.5225 - 1.8825 :: 1.4975 - 1.8575 :: 1.4450 - 1.8050 :-- Brick And/Or Muenster 5# :: 2.0475 - 2.4725 :: 2.0925 - 2.5175 :: 2.0125 - 2.4375 :: 1.9925 - 2.4175 :: 1.9325 - 2.3575 :-- Cheddar 40# Block :: 1.7750 - 2.1700 :: 1.8200 - 2.2150 :: 1.7400 - 2.1350 :: 1.7200 - 2.1150 :: 1.6600 - 2.0550 :-- Monterey Jack 10# :: 2.0225 - 2.2275 :: 2.0675 - 2.2725 :: 1.9875 - 2.1925 :: 1.9675 - 2.1725 :: 1.9075 - 2.1125 :-- Blue 5# :: 2.3150 - 3.3025 :: 2.3600 - 3.3475 :: 2.2800 - 3.2675 :: 2.2600 - 3.2475 :: 2.2000 - 3.1875 :-- Mozzarella 5 - 6# :: 1.8475 - 2.7875 :: 1.8925 - 2.8325 :: 1.8125 - 2.7525 :: 1.7925 - 2.7325 :: 1.7325 - 2.6725 :-- Grade A Swiss Cuts 6 - 9# :: 2.8400 - 2.9575 :: 2.7175 - 2.8350 :: 2.7175 - 2.8350 :: 2.7175 - 2.8350 :: 2.7175 - 2.8350 :NORTHEAST (WSP, Delivered, LTL) -- Cheddar 40# Block :: 2.1425 - 2.4275 :: 2.1875 - 2.4725 :: 2.0875 - 2.3725 :: 2.0675 - 2.3525 :: 2.0075 - 2.2925 :-- Process 5# Sliced :: 1.6200 - 2.1000 :: 1.6650 - 2.1450 :: 1.5850 - 2.0650 :: 1.5600 - 2.0400 :: 1.5075 - 1.9875 :-- Muenster :: 2.1275 - 2.4775 :: 2.1725 - 2.5225 :: 2.0725 - 2.4225 :: 2.0525 - 2.4025 :: 1.9925 - 2.3425 :-- Grade A Swiss Cuts 10 - 14# :: 3.3225 - 3.6450 :: 3.2000 - 3.5225 :: 3.2000 - 3.5225 :: 3.2000 - 3.5225 :: 3.2000 - 3.5225 :WEST COAST (WSP, Delivered, LTL) -- Process 5# Loaf :: 1.5650 - 1.8225 :: 1.6100 - 1.8675 :: 1.5100 - 1.7675 :: 1.4850 - 1.7425 :: 1.4325 - 1.6900 :-- Cheddar 40# Block :: 1.8075 - 2.2525 :: 1.8525 - 2.2975 :: 1.7725 - 2.2175 :: 1.7525 - 2.1975 :: 1.6925 - 2.1375 :-- Cheddar 10# Cuts :: 1.9875 - 2.2075 :: 2.0325 - 2.2525 :: 1.9525 - 2.1725 :: 1.9325 - 2.1525 :: 1.8725 - 2.0925 :-- Monterey Jack 10# :: 1.9975 - 2.1575 :: 2.0425 - 2.2025 :: 1.9625 - 2.1225 :: 1.9425 - 2.1025 :: 1.8825 - 2.0425 :-- Grade A Swiss Cuts 6 - 9# :: 2.9000 - 3.3300 :: 2.7775 - 3.2075 :: 2.7775 - 3.2075 :: 2.7775 - 3.2075 :: 2.7775 - 3.2075 : FLUID PRODUCTS SPOT PRICES OF CLASS II CREAM ($ per lb. butterfat)  -- Northeast - f.o.b :: 2.7954 - 2.9376 :: 2.8995 - 3.3345 :: 3.0360 - 3.3346 :: 3.3421 - 3.6031 :: 3.0532 - 3.4188 : -- Upper Midwest - f.o.b :: 2.7954 - 2.9376 :: 2.8029 - 2.9720 :: 2.9613 - 3.1604 :: 3.2115 - 3.4465 :: 3.0562 - 3.4188 :PRICES OF CONDENSED SKIM - NORTHEAST ($ per lb. wet solids) - f.o.b.  -- Class II :: 0.30 - 0.77 :: 0.30 - 0.77 :: 0.20 - 0.70 :: 0.25 - 0.70 :: 0.30 - 0.82 : -- Class III :: 0.25 - 0.80 :: 0.25 - 0.82 :: 0.20 - 0.75 :: 0.20 - 0.75 :: 0.25 - 0.75 :
 DAIRY MARKET NEWS DOMESTIC MONTHLY SUMMARY AND AVERAGES FOR JUNE 20171 - (UNLESS OTHERWISE NOTED, PRICES ARE DOLLARS PER P

 ::REPORT NUMBER 22 ::REPORT NUMBER 23 ::REPORT NUMBER 24 ::REPORT NUMBER 25 ::REPORT NUMBER 26 : COMMODITY ::-----------------::-----------------::-----------------::-----------------::-----------------: :: JUN 1 - 2 :: JUN 5 - 9 :: JUN 12 - 16 :: JUN 19 - 23 :: JUN 26 - 30 :

 DRY PRODUCTS NONFAT DRY MILK -- Central And East (f.o.b.)  -- Low/Medium Heat :: 0.8700 - 0.9800 :: 0.8800 - 1.0000 :: 0.8800 - 1.0000 :: 0.8700 - 0.9800 :: 0.8450 - 0.9600 : -- Mostly :: 0.8900 - 0.9300 :: 0.9000 - 0.9300 :: 0.9000 - 0.9400 :: 0.9000 - 0.9300 :: 0.8800 - 0.9200 : -- High Heat :: 0.9900 - 1.1000 :: 1.0100 - 1.1000 :: 1.0150 - 1.1000 :: 0.9900 - 1.1000 :: 0.9900 - 1.0900 :-- West (f.o.b)  -- Low/Medium Heat :: 0.8700 - 1.0000 :: 0.8900 - 1.0000 :: 0.8500 - 0.9800 :: 0.8500 - 0.9700 :: 0.8100 - 0.9500 : -- Mostly :: 0.9200 - 0.9700 :: 0.9200 - 0.9850 :: 0.9000 - 0.9650 :: 0.8800 - 0.9600 :: 0.8500 - 0.9300 : -- High Heat :: 0.9700 - 1.0900 :: 0.9700 - 1.1050 :: 0.9800 - 1.1000 :: 0.9800 - 1.0900 :: 0.9800 - 1.0700 :WHEY POWDER (Nonhygroscopic)  -- Central (f.o.b.) :: 0.3550 - 0.5950 :: 0.3500 - 0.5900 :: 0.3500 - 0.5900 :: 0.3500 - 0.5500 :: 0.3500 - 0.5600 : -- Mostly :: 0.4300 - 0.5175 :: 0.4000 - 0.5100 :: 0.4000 - 0.5000 :: 0.4000 - 0.4850 :: 0.3900 - 0.4850 : -- West (f.o.b.) :: 0.4000 - 0.5375 :: 0.4000 - 0.5300 :: 0.4000 - 0.5200 :: 0.4000 - 0.5200 :: 0.3800 - 0.5150 : -- Mostly :: 0.4200 - 0.4800 :: 0.4200 - 0.4700 :: 0.4100 - 0.4700 :: 0.4100 - 0.4700 :: 0.4100 - 0.4650 : -- Northeast (f.o.b.) :: 0.3850 - 0.5300 :: 0.3850 - 0.5200 :: 0.4100 - 0.5000 :: 0.3900 - 0.5325 :: 0.3600 - 0.5250 :WHEY PROTEIN CONCENTRATE -- Central And West (f.o.b.)  -- Extra Grade 34% Protein :: 0.7500 - 1.2350 :: 0.7500 - 1.2350 :: 0.7500 - 1.2350 :: 0.7500 - 1.2350 :: 0.7400 - 1.2350 : -- Mostly :: 0.8200 - 0.9950 :: 0.8200 - 0.9950 :: 0.8200 - 0.9950 :: 0.8000 - 0.9950 :: 0.8000 - 0.9800 :ANIMAL FEED - WHEY -- Central (f.o.b.)  -- Milk Replacer :: 0.3375 - 0.4400 :: 0.3375 - 0.4400 :: 0.3375 - 0.4850 :: 0.3000 - 0.4800 :: 0.3000 - 0.4725 :BUTTERMILK (Min. 30% protein) -- Central And East (f.o.b.) :: 0.8250 - 0.8800 :: 0.8300 - 0.8800 :: 0.8300 - 0.9100 :: 0.8400 - 0.9100 :: 0.8400 - 0.9100 :-- West (f.o.b.) :: 0.8100 - 0.9100 :: 0.8100 - 0.9100 :: 0.8300 - 0.9400 :: 0.8300 - 0.9400 :: 0.8200 - 0.9400 : -- Mostly :: 0.8500 - 0.9000 :: 0.8500 - 0.9000 :: 0.8800 - 0.9200 :: 0.8800 - 0.9200 :: 0.8800 - 0.9200 :DRY WHOLE MILK  -- National (f.o.b.) :: 1.2800 - 1.4500 :: 1.2800 - 1.5500 :: 1.3000 - 1.5500 :: 1.3000 - 1.5500 :: 1.3000 - 1.5500 :LACTOSE -- Central And West (f.o.b.) :: 0.3450 - 0.5700 :: 0.3200 - 0.5700 :: 0.3200 - 0.5500 :: 0.3200 - 0.5500 :: 0.2950 - 0.5500 : -- Mostly :: 0.3700 - 0.4500 :: 0.3700 - 0.4500 :: 0.3600 - 0.4400 :: 0.3500 - 0.4400 :: 0.3400 - 0.4400 :CASEIN - Edible - National (f.o.b.)  -- Nonrestricted - Rennet :: 2.7500 - 3.0500 :: 2.9500 - 3.1000 :: 2.9500 - 3.1000 :: 2.7000 - 3.0000 :: 2.7000 - 3.0000 : -- Nonrestricted - Acid :: 3.4000 - 3.7000 :: 3.4000 - 3.7000 :: 3.4000 - 3.7000 :: 3.4000 - 3.6500 :: 3.4000 - 3.6500 :------------------------------------------------------------------------------------------------------------------------------------1 Prices for all products are issued once a week and represent a value for the entire week. Monthly averages are based on weekly prtime-weighted according to the number of workdays in the month - Saturdays, Sundays and National Holidays excluded. No monthly averone or more weekly prices are missing. 
 DAIRY MARKET NEWS INTERNATIONAL MONTHLY SUMMARY AND AVERAGES FOR JUNE 20171 

 (UNLESS OTHERWISE NOTED, PRICES ARE U.S.DOLLARS/METRIC TON, F.O.B. PORT) 

 

-------------------------------------------------------------------------------------------------------------- 

 ::REPORT NUMBER 23 ::REPORT NUMBER 25 ::REPORT NUMBER 27 :: 2017 * : 2016 * 

 COMMODITY ::-----------------::-----------------::-----------------:: Monthly : Monthly 

 :: JUN 01 - 09 :: JUN 12 - 23 :: JUN 26 - 30 :: Average : Average 

-------------------------------------------------------------------------------------------------------------- 

 

BUTTER (82% BUTTERFAT) 

 -- OCEANIA :: 5400 - 6000 :: 5500 - 6050 :: 5800 - 6050 :: 5785 : 2791 

 -- WESTERN EUROPE :: 5900 - 6175 :: 6250 - 6675 :: 6800 - 7025 :: 6430 : 2930 

BUTTEROIL (99% BUTTERFAT) 

 -- WESTERN EUROPE :: 5325 - 6225 :: 5500 - 6500 :: 6000 - 7300 :: 6076 : 3845 

CHEDDAR CHEESE (39% MAXIMUM MOISTURE) 

 -- OCEANIA :: 3700 - 4200 :: 3600 - 4100 :: 3975 - 4050 :: 3919 : 2832 

SKIM MILK POWDER (1.25% BUTTERFAT) 

 -- OCEANIA :: 2000 - 2150 :: 2025 - 2175 :: 2100 - 2150 :: 2098 : 1864 

 -- SOUTH AMERICA :: 2700 - 3000 :: 2750 - 3050 :: 2775 - 3075 :: 2890 : 

 -- WESTERN EUROPE :: 2175 - 2350 :: 2175 - 2350 :: 2000 - 2175 :: 2223 : 1930 

 

WHEY POWDER (NONHYGROSCOPIC) 

 -- WESTERN EUROPE :: 1200 - 1250 :: 1200 - 1250 :: 1000 - 1200 :: 1197 : 685 

WHOLE MILK POWDER (26% BUTTERFAT) 

 -- OCEANIA :: 3100 - 3300 :: 3050 - 3200 :: 3050 - 3225 :: 3152 : 2132 

 -- SOUTH AMERICA :: 3250 - 3600 :: 3225 - 3575 :: 3200 - 3500 :: 3397 : 

 -- WESTERN EUROPE :: 3325 - 3500 :: 3350 - 3600 :: 3325 - 3650 :: 3458 : 2323 

-------------------------------------------------------------------------------------------------------------- 

1 Prices for all products are issued biweekly and represent a value for the entire biweekly period. Monthly 

averages are based on biweekly prices and are time-weighted according to the number of workdays in the month, 

Saturdays and Sundays excluded. No monthly average is computed if one or more biweekly prices are missing. 
 CME GROUP AVERAGES FOR JUNE 2017 

------------------------------------------------------------------------------------------------------------------------------------ 

 ::REPORT NUMBER 22::REPORT NUMBER 23::REPORT NUMBER 24::REPORT NUMBER 25::REPORT NUMBER 26:: 2017 * : 2016 * 

 COMMODITY ::----------------::----------------::----------------::----------------::----------------:: Monthly : Monthly 

 :: JUN 1 - 2 :: JUN 5 - 9 :: JUN 12 - 16 :: JUN 19 - 23 :: JUN 26 - 30 :: Average : Average 

------------------------------------------------------------------------------------------------------------------------------------ 

 

 BUTTER* 

 

-- GRADE AA 

 --Monday :: :: 2.5150 :: 2.5100 :: 2.5600 :: 2.6225 :: : 

 --Tuesday :: :: 2.5250 :: 2.5800 :: 2.6300 :: 2.6250 :: : 

 --Wednesday :: :: 2.4625 :: 2.7000 :: 2.5850 :: 2.6400 :: : 

 --Thursday :: 2.4100 :: 2.4650 :: 2.7050 :: 2.5850 :: 2.6400 :: : 

 --Friday :: 2.4850 :: 2.4750 :: 2.5600 :: 2.5900 :: 2.6425 :: 2.5688 : 2.2640 

 

 --Weekly Average** :: 2.4163 :: 2.4885 :: 2.6110 :: 2.5900 :: 2.6340 :: : 

 

 CHEESE* 

 

-- BARRELS 

 --Monday :: :: 1.4575 :: 1.4150 :: 1.3500 :: 1.3675 :: : 

 --Tuesday :: :: 1.4250 :: 1.4150 :: 1.3375 :: 1.3675 :: : 

 --Wednesday :: :: 1.4250 :: 1.4025 :: 1.3575 :: 1.3700 :: : 

 --Thursday :: 1.5325 :: 1.4150 :: 1.4025 :: 1.3400 :: 1.3500 :: : 

 --Friday :: 1.4900 :: 1.4150 :: 1.3800 :: 1.3700 :: 1.3525 :: 1.3972 : 1.5301 

 

 --Weekly Average** :: 1.5269 :: 1.4275 :: 1.4030 :: 1.3510 :: 1.3615 :: : 

 

-- 40# BLOCKS 

 --Monday :: :: 1.6650 :: 1.6300 :: 1.5975 :: 1.5250 :: : 

 --Tuesday :: :: 1.6650 :: 1.6300 :: 1.5975 :: 1.5250 :: : 

 --Wednesday :: :: 1.6500 :: 1.6300 :: 1.5600 :: 1.5100 :: : 

 --Thursday :: 1.7375 :: 1.6300 :: 1.6300 :: 1.5450 :: 1.5100 :: : 

 --Friday :: 1.7000 :: 1.6300 :: 1.6150 :: 1.5400 :: 1.5250 :: 1.6022 : 1.5005 

 

 --Weekly Average** :: 1.7281 :: 1.6480 :: 1.6270 :: 1.5680 :: 1.5190 :: : 

 

 NONFAT DRY MILK* 

 

-- GRADE A 

 --Monday :: :: 0.9450 :: 0.9000 :: 0.9050 :: 0.8450 :: : 

 --Tuesday :: :: 0.9200 :: 0.9000 :: 0.8900 :: 0.8425 :: : 

 --Wednesday :: :: 0.9025 :: 0.9075 :: 0.8600 :: 0.8450 :: : 

 --Thursday :: 0.9500 :: 0.9175 :: 0.9100 :: 0.8425 :: 0.8450 :: : 

 --Friday :: 0.9475 :: 0.9075 :: 0.9100 :: 0.8475 :: 0.8450 :: 0.8902 : 0.8476 

 

 --Weekly Average** :: 0.9469 :: 0.9185 :: 0.9055 :: 0.8690 :: 0.8445 :: : 

 

------------------------------------------------------------------------------------------------------------------------------------ 

* Monthly averages are a simple average of all the closes during the month. Weekly and monthly averages are independent 

calculations. 

** Weekly averages are simple averages of the closes during the calendar week and are for information purposes. Should the 

week be split between two months, the weekly average will appear in the monthly report in which the Friday close is reported.