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Wisconsin All Milk Price for Feb was $19.10

Sunday, April 5th, 2020 -- 6:43 AM

(Wisconsin Ag Connection) -The Wisconsin all milk price for February 2020 was $19.10 per hundredweight, according to the USDA's latest Agricultural Prices report.

That was a drop of 30-cents from January's price, but $2.80 higher than the previous February. The U.S. all milk price was $18.90 per cwt., 20-cents lower than Wisconsin's price and 70-cents below the January U.S. price. All 24 major milk producing states saw lower prices when compared with January. Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $1.33 per pound on March 31, while barrels were $1.20 per pound.

The CME butter price was $1.33 per pound. For the week ending March 21, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.77 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.55 per pound. The U.S. butter price was $1.73 per pound.

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