ADPI Intelligence Volume V Issue 6 Milk Pricing 101

•Butter $0.1715/lb • Nonfat dry milk $0.1678/lb •Cheese $0.2003/lb •Dry whey $0.1991/lb In general, the yield factors used in FMMO's reflect the volume of finished product from processing one pound of component. The USDA also indirectly …

Cost of Processing in Cheese, Whey, Butter and Nonfat …

Cost of Processing in Cheese, Whey, Butter and Nonfat Dry Milk Plants Mark Stephenson, Ph.D. Cornell Program on Dairy Markets and Policy September 1, 2006 Cornell University has been conducting cost of processing studies in the dairy industry for more than 30 years. Original work back in the 1970s and 80s included the Dairy In-

Cost of Processing in Cheese, Whey, Butter and Nonfat Dry ...

ter would be apportioned as $4,807 to cheese, $5,029 to dry whey and $164 to whey cream. Any other costs which are unallocated to specific product lines are apportioned

ORVAL G. KERCHNER - University of Minnesota

sidered. One was assumed to manufacture only butter, nonfat dry milk, and dry buttermilk; the other was assumed to manufacture only cheese, dry whey, and whey cream butter. The period 1959-66 was used as the base, for obtaining price data and deriving monthly net ret~rns. Estimated monthly processing costs in the flexible plant ranged from

Milk prices continue to strengthen

Milk prices continue to strengthen. Milk prices strengthened last quarter of 2021 and continued into 2022 as the price of cheese, dry whey, butter and nonfat dry milk all increased. Class III was $17.83 in October, $18.03 in November, $18.36 in December, $20.38 in January and could be near $20.85 in February.

Testimony on Cost of Processing in Cheese, Whey, Butter ...

butter, nonfat dry milk powder 4,5,6,7 and fluid milk 8. This project assesses the costs of processing in cheddar cheese, dry whey, butter and nonfat dry milk plants and builds on knowledge and background of these earlier efforts. I was asked by dairy plants who

Regulations and legislations on processed cheese ...

The requirements for equipment and utensils (7 CFR 58.706-710), the quality of cheeses used in process cheese making and of other ingredients such as cream, nonfat dry milk, whey, salt, flavor ingredients, acidifying and emulsifying agents (7 CFR 58.711-722) are specified in detail for process cheese and related products.

Testimony on Cost of Processing in Cheese, Whey, Butter ...

Figure 3. Breakdown of Dry Whey Processing Costs. Labor 21% Energy 21% Packaging 7% Repairs & Depreciation 30% G&A 10% ROI 11% Table 2. highlights that dry whey processing costs have only modestly changed since the last report. Although the average annual pounds of whey processed is larger, and

-- Notice from USDA AMS -- MAKE... - Farmshine Newspaper ...

-- Notice from USDA AMS -- MAKE ALLOWANCE STUDY RELEASED USDA AMS announced the completion and release of the Cost of Processing Study for Cheese, Whey, Butter and Nonfat Dry Milk Plants, which...

Testimony on Cost of Processing in Cheese, Whey, …

The confidence interval for whey is a range of $0.1328 to $0.3237, for nonfat dry milk is a range from $0.1204 to $0.1846 and for butter a range from -$0.0921 to $0.3905. The

USDA has released a Cost of... - Cheese Market News | Facebook

USDA has released a Cost of Processing Study for Cheese, Whey, Butter and Nonfat Dry Milk Plants, which gathered data from dairy processing plants located throughout the country to …

Butter prices surge, hit 6-year high | Dairy Processing

CME Group butter prices hit $2.84¼ per lb on Jan. 11, a six-year high. After briefly dipping below $2 a lb in late November, prices had surged 40% by mid-January and were more than double a year earlier. When freight and other costs are included, delivered prices of butter are more than $3 a lb in some cases.

October 1, 2009 TO ALL INTERESTED PARTIES - California

Summary of Weighted Average Manufacturing Costs . Butter, Nonfat Dry Milk, and Cheddar Cheese Costs include processing labor, non-labor processing, packaging, other ingredients (for butter and Cheddar cheese only), general and administrative, and return on investments at 7.45% for 2008. Study

Testimony on Cost of Processing in Cheese, …

Table 2. Processing Costs for 7 Dry Whey Plants. Repairs & Pounds Whey Labor Energy Packaging Depreciation G&A ROf Tot:al Weighted Ave 58,722,459 $0.04:[2 $0.0424 $0.0146 $0.0580 $0.0203 $0.0211 $0 1976 Last hme Wt Ave. 47~394t657 $0.0416 $0.0347 $0.0:[08 $0.0593 $0.0262 $0.0216 $0.1941 Figure 3. Breakdown of Dry Whey Processing Costs. …

USDA releases cost of dairy processing study, webinar ...

The study gathered data from dairy processing plants located throughout the country to estimate the average costs of manufacturing a pound of four dairy commodity products (cheddar cheese, butter, dry whey and nonfat dry milk) that are used in Federal milk marketing order (FMMO) price formulas.

Testimony on Cost of Processing in Cheese, Whey, Butter ...

Markets and Policy (CPDMP) included studies on the cost of processing cheese1,2, whey3, butter* nonfat dry milk powder4,5, and fluid miik8. This project assesses the costs of processing in cheddar cheese, dry whey, butter and nonfat dry miik plants and builds

An Overview of Factors Determining How Milk is Priced at ...

prices are f.o.b. processing plant or storage center. NASS collects prices and volume traded for Cheddar cheese, 40-lb. block and 500-lb. barrel styles, butter, nonfat dry milk, and dry whey. NASS releases information for the previous week's trading period on Friday mornings in "Dairy Product Prices" (see

Testimony on Cost of Processing in Cheese, Whey,Butter …

butter, nonfat dry milk powder 4,5,6,7 and fluid milk 8. This project assesses the costs of processing in cheddar cheese, dry whey, butter and nonfat dry milk plants and builds on knowledge and background of these earlier efforts. I was asked by dairy plants who had participated in the previous project 6, 7 to re-run the analyses with more ...