Dairy Markets Week in Review
Cash block cheese closed the fourth week of May at $1.2250 per pound, up 2 1/2 cents on the week, but 23 1/2 cents below a year ago. Barrel closed at $1.19, unchanged on the week, but 22 1/2 cents below a year ago. 5 cars of block traded hands and none of barrel. The NASS-surveyed U.S. average price for block cheese hit $1.1550, up 0.5 cent. Barrel averaged $1.1512, up 1.4 cents.
Butter closed Friday at $1.1775 per pound, unchanged on the week, but 23 1/4 cents below a year ago. 8 cars were sold. NASS butter averaged $1.1648, down 0.6 cent.
Provided courtesy of Dairyline.