Dairy Markets Week in Review
Cash block cheese ended the final week of January at $1.3325 per pound, down 1 1/2 cents on the week, but 9 1/4 cents above that week a year ago. Barrel closed Friday at $1.3750, up a penny on the week, and 16 1/2 cents above a year ago. 2 cars of block traded hands on the week and of 18 of barrel. The NASS-surveyed U.S. average block price slipped to $1.3090, down 2.2 cents. Barrel averaged $1.3337, unchanged from the previous week.
Butter closed Friday at $1.2250, down 4 1/2 cents on the week, and 2 1/4 cents below a year ago. 3 cars were sold. NASS butter averaged $1.2144, up 1.7 cents. NASS nonfat dry milk averaged $1.0872 per pound, down 0.3 cent. Dry whey averaged .4838, up 0.8 cent.
Provided courtesy of Dairyline.