Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

Cash cheese strengthened in the shortened 4th of July holiday week. The blocks closed that Friday at the year high $1.5275 per pound, up 7 1/4-cents on the week, and 43 3/4-cents above that week a year ago. Barrel closed at $1.50, up 10 cents, and 41 cents above a year ago. Only one car of block traded hands on the week and one of barrel. The lagging NASS-surveyed U.S. average block price slipped 0.4 cent, hitting $1.4025. Barrel averaged $1.4007, up 1.2 cents.

Butter closed at $1.7625, up 1 1/4-cents on the week, and 54 cents above a year ago. Nothing was traded all week. NASS butter averaged $1.7014, up 5.4 cents.

Cash Grade A nonfat dry milk closed the week at $1.21, down 2 cents, and Extra Grade closed at $1.23, down 1 1/2-cents. NASS powder averaged $1.2816, up 6.6 cents, and dry whey averaged 37.27 cents, up 0.9 cent.

Provided courtesy of Dairyline.