|
This Week's Other Stories:
EDITORIAL
COMMENT: Sustainability, Changing Milk Use May Alter US Dairy Herd
LEAD STORY: US Becoming Less Attractive Market For Cheese, Other Dairy Imports
OTHER
NEWS :Whey Protein Concentrate Gets Preliminary Approval For Use In Food For Peace Program
GUEST COLUMNIST:
Production Continues To Run Above 2009
by Bob Cropp
COMPANY PROFILE:
Mullins Cheese Doubles Production At Marshfield Facility To Balance Dairy Plants
Subscribe
|
Dairy CPI Rose Slightly In June; Retail Milk, Butter Prices Rise, Cheddar Price Declines
Washington—The Consumer Price Index (CPI) for dairy products was 197.947 (1982-84=100) in June, up 0.1 percent from May and 1.9 percent higher than in June 2009, the US Bureau of Labor Statistics (BLS) reported last Friday.
The dairy CPI has now been below 200 for 16 straight months.
June’s overall CPI was 217.965, down 0.1 percent from May but 1.1 percent higher than in June 2009. June’s CPI for food at home was 215.361, down 0.2 percent from May but up 0.2 percent from June 2009.
The June CPI for cheese and related products was 202.035, down 0.7 percent from May but up 0.8 percent from June 2009. The CPI for cheese and related products has been above 202 every month this year, after falling below 200 in November and December of 2009.
The US city average price for a pound of natural Cheddar cheese was $4.525 in June, down almost 19 cents from May and down almost 20 cents from June 2009. The US city average price for a pound of American processed cheese in June was $4.074, up more than 16 cents from May and up more than 17 cents from June 2009.
Retail Fluid Milk Prices Increase
June’s CPI for whole milk was 192.196, up 3.0 percent from May and 8.1 percent higher than in June 2009.
That was the highest CPI for whole milk since February of 2009, when it was 194.363.
June’s CPI for “milk” was 133.613 (December 1997=100), up 1.8 percent from May and 6.0 percent higher than in May 2009.
The US city average price for a gallon of whole milk was $3.297 in June, up almost 12 cents from May and up almost 29 cents from June 2009.
Retail fluid milk prices continued to increase in early July, according to the monthly retail milk price survey conducted by federal order market administrators. They conduct their survey one day between the 1st and 10th of each month in 30 cities or metro areas located within federal order markets; one outlet of the largest and second largest food store chains and the largest convenience store chain are surveyed.
In early July, retail whole milk prices averaged $3.28 per gallon, up five cents from early June and the highest monthly average since March 2009, when the average was also $3.28 per gallon. The lowest retail whole milk price average in the market administrators’ survey this year was $3.16 per gallon, in early January, while the highest average price was $3.23 per gallon, in early June.
During the first seven months of 2010, retail whole milk prices in the market administrators’ survey averaged $3.21 per gallon. In 2009, they averaged $3.15 per gallon.
In early July, retail whole milk prices ranged from a low of $2.25 per gallon in Dallas to a high of $4.12 per gallon in New Orleans. One other city reported an average retail whole milk price under ..more
|