DAIRY MARKET NEWS DOMESTIC MONTHLY SUMMARY AND AVERAGES FOR AUGUST 20181 - (UNLESS OTHERWISE NOTED, PRICES ARE DOLLARS PER POUND, CL/TL) 

 

 ::REPORT NUMBER 31 ::REPORT NUMBER 32 ::REPORT NUMBER 33 ::REPORT NUMBER 34 ::REPORT NUMBER 35 :: 2018 : 2017 

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

 :: AUG 1 - 3 :: AUG 6 - 10 :: AUG 13 - 17 :: AUG 20 - 24 :: AUG 27 - 31 :: Average : Average 

 

 CHEESE 

 

WISCONSIN (WSP, Delivered, LTL) 

-- Process American 5# Loaf :: 1.5300 - 1.8900 :: 1.5300 - 1.8900 :: 1.6300 - 1.9900 :: 1.7625 - 2.1225 :: 1.6850 - 2.0450 :: 1.8160 : 1.8645 

-- Brick And/Or Muenster 5# :: 1.8800 - 2.3050 :: 1.9050 - 2.3300 :: 1.9725 - 2.3975 :: 2.0175 - 2.4425 :: 1.9975 - 2.4225 :: 2.1735 : 2.2963 

-- Cheddar 40# Block :: 1.6075 - 2.0025 :: 1.6325 - 2.0275 :: 1.7000 - 2.0950 :: 1.7450 - 2.1400 :: 1.7250 - 2.1200 :: 1.8860 : 2.0088 

-- Monterey Jack 10# :: 1.8550 - 2.0600 :: 1.8800 - 2.0850 :: 1.9475 - 2.1525 :: 1.9925 - 2.1975 :: 1.9725 - 2.1775 :: 2.0385 : 2.1613 

-- Blue 5# :: 2.1475 - 3.1350 :: 2.1725 - 3.1600 :: 2.2400 - 3.2275 :: 2.2850 - 3.2725 :: 2.2650 - 3.2525 :: 2.7222 : 2.8451 

-- Mozzarella 5 - 6# :: 1.6800 - 2.6200 :: 1.7050 - 2.6450 :: 1.7725 - 2.7125 :: 1.8175 - 2.7575 :: 1.7975 - 2.7375 :: 2.2310 : 2.3538 

-- Grade A Swiss Cuts 6 - 9# :: 2.5725 - 2.6900 :: 2.6525 - 2.7700 :: 2.6525 - 2.7700 :: 2.6525 - 2.7700 :: 2.6525 - 2.7700 :: 2.7008 : 2.7418 

NORTHEAST (WSP, Delivered, LTL) 

-- Cheddar 40# Block :: 1.9725 - 2.2575 :: 1.9975 - 2.2825 :: 2.0650 - 2.3500 :: 2.1100 - 2.3950 :: 2.0900 - 2.3750 :: 2.1960 : 2.3013 

-- Process 5# Sliced :: 1.5750 - 2.0550 :: 1.5750 - 2.0550 :: 1.6750 - 2.1550 :: 1.8075 - 2.2875 :: 1.7300 - 2.2100 :: 1.9210 : 1.9870 

-- Muenster :: 1.9575 - 2.3075 :: 1.9825 - 2.3325 :: 2.0500 - 2.4000 :: 2.0950 - 2.4450 :: 2.0750 - 2.4250 :: 2.2135 : 2.3188 

-- Grade A Swiss Cuts 10 - 14# :: 3.0550 - 3.3775 :: 3.1350 - 3.4575 :: 3.1350 - 3.4575 :: 3.1350 - 3.4575 :: 3.1350 - 3.4575 :: 3.2858 : 3.3268 

WEST COAST (WSP, Delivered, LTL) 

-- Process 5# Loaf :: 1.5175 - 1.7750 :: 1.5175 - 1.7750 :: 1.6175 - 1.8750 :: 1.7500 - 2.0075 :: 1.6725 - 1.9300 :: 1.7522 : 1.8007 

-- Cheddar 40# Block :: 1.6400 - 2.0850 :: 1.6650 - 2.1100 :: 1.7325 - 2.1775 :: 1.7775 - 2.2225 :: 1.7575 - 2.2025 :: 1.9435 : 2.0663 

-- Cheddar 10# Cuts :: 1.8200 - 2.0400 :: 1.8450 - 2.0650 :: 1.9125 - 2.1325 :: 1.9575 - 2.1775 :: 1.9375 - 2.1575 :: 2.0110 : 2.1338 

-- Monterey Jack 10# :: 1.8300 - 1.9900 :: 1.8550 - 2.0150 :: 1.9225 - 2.0825 :: 1.9675 - 2.1275 :: 1.9475 - 2.1075 :: 1.9910 : 2.1138 

-- Grade A Swiss Cuts 6 - 9# :: 2.6525 - 3.0825 :: 2.7325 - 3.1625 :: 2.7325 - 3.1625 :: 2.7325 - 3.1625 :: 2.7325 - 3.1625 :: 2.9371 : 2.9580 

 

 

 FLUID PRODUCTS 

SPOT PRICES OF CLASS II CREAM ($ per lb. butterfat) 

 -- Northeast - f.o.b :: 3.0661 - 3.3141 :: 3.1375 - 3.3913 :: 3.1374 - 3.3698 :: 2.8176 - 3.1698 :: 2.8113 - 3.0362 :: 3.1195 : 3.5300 

 -- Upper Midwest - f.o.b :: 2.9309 - 3.2014 :: 2.9991 - 3.3452 :: 3.0212 - 3.2536 :: 2.9820 - 3.1463 :: 2.8562 - 2.9912 :: 3.0733 : 3.4054 

PRICES OF CONDENSED SKIM - NORTHEAST ($ per lb. wet solids) - f.o.b. 

 -- Class II :: 0.65 - 0.88 :: 0.65 - 0.88 :: 0.65 - 0.88 :: 0.65 - 0.88 :: 0.85 - 0.91 :: 0.7900 : 0.6215 

 -- Class III :: 0.60 - 0.85 :: 0.60 - 0.85 :: 0.60 - 0.85 :: 0.60 - 0.85 :: 0.70 - 0.85 :: 0.7359 : 0.5841 
 

 DAIRY MARKET NEWS DOMESTIC MONTHLY SUMMARY AND AVERAGES FOR AUGUST 20181 - (UNLESS OTHERWISE NOTED, PRICES ARE DOLLARS PER POUND, CL/TL) 

 

 ::REPORT NUMBER 31 ::REPORT NUMBER 32 ::REPORT NUMBER 33 ::REPORT NUMBER 34 ::REPORT NUMBER 35 :: 2018 : 2017 

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

 :: AUG 1 - 3 :: AUG 6 - 10 :: AUG 13 - 17 :: AUG 20 - 24 :: AUG 27 - 31 :: Average : Average 

 

 DRY PRODUCTS 

 

NONFAT DRY MILK 

-- Central And East (f.o.b.) 

 -- Low/Medium Heat :: 0.7650 - 0.8650 :: 0.7650 - 0.8700 :: 0.7650 - 0.8700 :: 0.8125 - 0.8800 :: 0.8200 - 0.9000 :: 0.8327 : 0.8952 

 -- Mostly :: 0.7875 - 0.8400 :: 0.7875 - 0.8400 :: 0.7900 - 0.8500 :: 0.8200 - 0.8600 :: 0.8500 - 0.8750 :: 0.8314 : 0.8954 

 -- High Heat :: 0.9500 - 1.0500 :: 0.9500 - 1.0500 :: 0.9500 - 1.0500 :: 1.0000 - 1.0500 :: 1.0000 - 1.0500 :: 1.0109 : 1.0284 

-- West (f.o.b) 

 -- Low/Medium Heat :: 0.7600 - 0.9000 :: 0.7800 - 0.9100 :: 0.7675 - 0.8800 :: 0.7850 - 0.8925 :: 0.8150 - 0.9275 :: 0.8428 : 0.8633 

 -- Mostly :: 0.7900 - 0.8500 :: 0.8200 - 0.8650 :: 0.8000 - 0.8575 :: 0.8300 - 0.8700 :: 0.8500 - 0.8900 :: 0.8442 : 0.8913 

 -- High Heat :: 0.9500 - 1.0500 :: 0.9900 - 1.0675 :: 0.9900 - 1.0675 :: 1.0000 - 1.0675 :: 1.0000 - 1.0900 :: 1.0296 : 1.0241 

WHEY POWDER (Nonhygroscopic) 

 -- Central (f.o.b.) :: 0.2650 - 0.4300 :: 0.2650 - 0.4500 :: 0.2650 - 0.4500 :: 0.2650 - 0.4600 :: 0.2650 - 0.4600 :: 0.3584 : 0.3970 

 -- Mostly :: 0.3375 - 0.4100 :: 0.3375 - 0.4200 :: 0.3500 - 0.4300 :: 0.3700 - 0.4300 :: 0.3700 - 0.4500 :: 0.3920 : 0.3964 

 -- West (f.o.b.) :: 0.3350 - 0.4475 :: 0.3350 - 0.4475 :: 0.3525 - 0.4500 :: 0.3525 - 0.4600 :: 0.3525 - 0.4800 :: 0.4021 : 0.4040 

 -- Mostly :: 0.3600 - 0.4050 :: 0.3600 - 0.4200 :: 0.3725 - 0.4400 :: 0.3725 - 0.4400 :: 0.3725 - 0.4550 :: 0.4013 : 0.4050 

 -- Northeast (f.o.b.) :: 0.3375 - 0.4200 :: 0.3375 - 0.4200 :: 0.3500 - 0.4300 :: 0.3600 - 0.4400 :: 0.3700 - 0.4400 :: 0.3915 : 0.4075 

WHEY PROTEIN CONCENTRATE 

-- Central And West (f.o.b.) 

 -- Extra Grade 34% Protein :: 0.7000 - 0.9775 :: 0.7000 - 0.9800 :: 0.7000 - 0.9800 :: 0.7000 - 0.9800 :: 0.7300 - 0.9725 :: 0.8423 : 0.9110 

 -- Mostly :: 0.7400 - 0.8850 :: 0.7400 - 0.8875 :: 0.7300 - 0.8950 :: 0.7300 - 0.8950 :: 0.7450 - 0.8950 :: 0.8144 : 0.8486 

ANIMAL FEED - WHEY 

-- Central (f.o.b.) 

 -- Milk Replacer :: 0.2000 - 0.3100 :: 0.2000 - 0.3100 :: 0.2400 - 0.3200 :: 0.2400 - 0.3200 :: 0.2400 - 0.3700 :: 0.2767 : 0.3448 

BUTTERMILK (Min. 30% protein) 

-- Central And East (f.o.b.) :: 0.7800 - 0.8200 :: 0.7800 - 0.8200 :: 0.7800 - 0.8200 :: 0.7800 - 0.8200 :: 0.8150 - 0.8800 :: 0.8103 : 0.8967 

-- West (f.o.b.) :: 0.7200 - 0.8600 :: 0.7500 - 0.8650 :: 0.7500 - 0.8650 :: 0.7800 - 0.8650 :: 0.7800 - 0.8800 :: 0.8134 : 0.8909 

 -- Mostly :: 0.7500 - 0.8200 :: 0.7800 - 0.8300 :: 0.7800 - 0.8300 :: 0.8000 - 0.8500 :: 0.8000 - 0.8500 :: 0.8111 : 0.9167 

DRY WHOLE MILK 

-- National (f.o.b.) :: 1.4400 - 1.7000 :: 1.4400 - 1.6900 :: 1.4400 - 1.6900 :: 1.4400 - 1.6900 :: 1.4500 - 1.6500 :: 1.5624 : 1.5478 

LACTOSE 

-- Central And West (f.o.b.) :: 0.2400 - 0.3900 :: 0.2400 - 0.3900 :: 0.2400 - 0.3900 :: 0.2400 - 0.3900 :: 0.2400 - 0.4250 :: 0.3188 : 0.3515 

 -- Mostly :: 0.2900 - 0.3500 :: 0.2900 - 0.3600 :: 0.2900 - 0.3600 :: 0.2900 - 0.3600 :: 0.3000 - 0.3600 :: 0.3254 : 0.3435 

CASEIN - Edible - National (f.o.b.) 

 -- Nonrestricted - Rennet :: 2.0700 - 2.2800 :: 2.1700 - 2.2900 :: 2.3500 - 2.5000 :: 2.3150 - 2.5000 :: 2.3150 - 2.5000 :: 2.3424 : 2.7652 

 -- Nonrestricted - Acid :: 2.8900 - 3.2000 :: 2.9100 - 3.2000 :: 2.9900 - 3.1000 :: 2.9900 - 3.1000 :: 2.9900 - 3.1000 :: 3.0472 : 3.5000 

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

1 Prices for all products are issued once a week and represent a value for the entire week. Monthly averages are based on weekly prices and are 

time-weighted according to the number of workdays in the month - Saturdays, Sundays and National Holidays excluded. No monthly average is computed if 

one or more weekly prices are missing. 
 DAIRY MARKET NEWS INTERNATIONAL MONTHLY SUMMARY AND AVERAGES FOR AUGUST 20181 

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

 

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

 ::REPORT NUMBER 31 ::REPORT NUMBER 33 ::REPORT NUMBER 35 :: 2018 * : 2017 * 

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

 :: AUG 01 - 03 :: AUG 06 - 17 :: AUG 20 - 31 :: Average : Average 

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

 

BUTTER (82% BUTTERFAT) 

 -- OCEANIA :: 4950 - 5100 :: 4750 - 5000 :: 4325 - 4625 :: 4721 : 6101 

 -- WESTERN EUROPE :: 6125 - 6550 :: 6200 - 6925 :: 6375 - 6900 :: 6566 : 7800 

BUTTEROIL (99% BUTTERFAT) 

 -- WESTERN EUROPE :: 6600 - 8200 :: 6750 - 8200 :: 6875 - 7500 :: 7340 : 7883 

CHEDDAR CHEESE (39% MAXIMUM MOISTURE) 

 -- OCEANIA :: 3600 - 3800 :: 3575 - 4125 :: 3375 - 3800 :: 3716 : 4010 

SKIM MILK POWDER (1.25% BUTTERFAT) 

 -- OCEANIA :: 1950 - 2125 :: 1925 - 2125 :: 1900 - 2050 :: 2005 : 1972 

 -- SOUTH AMERICA :: 2250 - 2550 :: 2200 - 2500 :: 2100 - 2400 :: 2313 : 2796

 -- WESTERN EUROPE :: 1650 - 1800 :: 1725 - 1875 :: 1850 - 2000 :: 1845 : 2107 

WHEY POWDER (NONHYGROSCOPIC) 

 -- WESTERN EUROPE :: 0900 - 1025 :: 0925 - 1025 :: 0950 - 1075 :: 990 : 1069 

WHOLE MILK POWDER (26% BUTTERFAT) 

 -- OCEANIA :: 2975 - 3025 :: 2950 - 3250 :: 2850 - 2975 :: 3005 : 3170 

 -- SOUTH AMERICA :: 2850 - 3250 :: 2900 - 3300 :: 2800 - 3200 :: 3050 : 3300 

 -- WESTERN EUROPE :: 3225 - 3300 :: 3175 - 3350 :: 3250 - 3550 :: 3322 : 3808 

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

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 AUGUST 2018 

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

 ::REPORT NUMBER 31::REPORT NUMBER 32::REPORT NUMBER 33::REPORT NUMBER 34::REPORT NUMBER 35:: 2018 * : 2017 * 

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

 :: AUG 1 - 3 :: AUG 6 - 10 :: AUG 13 - 17 :: AUG 20 - 24 :: AUG 27 - 31 :: Average : Average 

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

 

 BUTTER* 

 

-- GRADE AA 

 --Monday :: :: 2.3050 :: 2.3675 :: 2.2500 :: 2.2950 :: : 

 --Tuesday :: :: 2.3150 :: 2.3875 :: 2.2375 :: 2.3000 :: : 

 --Wednesday :: 2.3200 :: 2.3200 :: 2.3500 :: 2.2500 :: 2.2725 :: : 

 --Thursday :: 2.3200 :: 2.3400 :: 2.3300 :: 2.2475 :: 2.2725 :: : 

 --Friday :: 2.3200 :: 2.3400 :: 2.3050 :: 2.2600 :: 2.2150 :: 2.3009 : 2.6473 

 

--Weekly Average** :: 2.3070 :: 2.3240 :: 2.3480 :: 2.2490 :: 2.2710 :: : 

 

 CHEESE* 

 

-- BARRELS 

 --Monday :: :: 1.4850 :: 1.6475 :: 1.6425 :: 1.6100 :: : 

 --Tuesday :: :: 1.4850 :: 1.6700 :: 1.5700 :: 1.6100 :: : 

 --Wednesday :: 1.4300 :: 1.5150 :: 1.6750 :: 1.5650 :: 1.6100 :: : 

 --Thursday :: 1.4575 :: 1.5675 :: 1.6750 :: 1.5750 :: 1.6200 :: : 

 --Friday :: 1.4750 :: 1.6200 :: 1.6700 :: 1.6000 :: 1.6450 :: 1.5835 : 1.5993 

 

--Weekly Average** :: 1.4350 :: 1.5345 :: 1.6675 :: 1.5905 :: 1.6190 :: : 

 

-- 40# BLOCKS 

 --Monday :: :: 1.5700 :: 1.6600 :: 1.6100 :: 1.6525 :: : 

 --Tuesday :: :: 1.5775 :: 1.6550 :: 1.6175 :: 1.6675 :: : 

 --Wednesday :: 1.5400 :: 1.6050 :: 1.6600 :: 1.6375 :: 1.6675 :: : 

 --Thursday :: 1.5725 :: 1.6450 :: 1.6550 :: 1.6500 :: 1.6775 :: : 

 --Friday :: 1.5875 :: 1.6575 :: 1.6550 :: 1.6700 :: 1.6950 :: 1.6341 : 1.6852 

 

--Weekly Average** :: 1.5440 :: 1.6110 :: 1.6570 :: 1.6370 :: 1.6720 :: : 

 

 NONFAT DRY MILK* 

 

-- GRADE A 

 --Monday :: :: 0.8300 :: 0.8300 :: 0.8675 :: 0.8700 :: : 

 --Tuesday :: :: 0.8375 :: 0.8200 :: 0.8825 :: 0.8775 :: : 

 --Wednesday :: 0.8400 :: 0.8200 :: 0.8200 :: 0.8750 :: 0.8750 :: : 

 --Thursday :: 0.8325 :: 0.8150 :: 0.8300 :: 0.8625 :: 0.8825 :: : 

 --Friday :: 0.8275 :: 0.8300 :: 0.8625 :: 0.8700 :: 0.8850 :: 0.8497 : 0.8491 

 

--Weekly Average** :: 0.8305 :: 0.8265 :: 0.8325 :: 0.8715 :: 0.8780 :: : 

 

 WHEY* 

 

-- EXTRA GRADE 

 --Monday :: :: 0.4350 :: 0.4425 :: 0.4475 :: 0.4800 :: : 

 --Tuesday :: :: 0.4375 :: 0.4450 :: 0.4475 :: 0.4850 :: : 

 --Wednesday :: 0.4325 :: 0.4400 :: 0.4450 :: 0.4500 :: 0.4900 :: : 

 --Thursday :: 0.4325 :: 0.4400 :: 0.4450 :: 0.4700 :: 0.4925 :: : 

 --Friday :: 0.4350 :: 0.4425 :: 0.4450 :: 0.4800 :: 0.5000 :: 0.4548 : 

 

--Weekly Average** :: 0.4300 :: 0.4390 :: 0.4445 :: 0.4590 :: 0.4895 :: : 

 

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

* 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.