Dairyline Markets In Review

News Editor

The cash dairy market seemed to ignore the bearish milk production data. Block cheese closed Friday at $1.6475 per pound, up 2 3/4-cents on the week, and 25 3/4-cents above a year ago. Barrel closed at $1.6150, up 3 cents on the week, and 24 1/2-cents above a year ago. The gains all came on unfilled bids. No cheese was …

Dairyline

Dairyline Markets In Review

Chuck Zimmerman

High temperatures and humidity are driving dairy prices higher. School pipelines are refilling and making less milk available for the churn or the vat. The block cheese price closed Friday the 13th at $1.62 per pound, up 1 3/4-cents on the week, and 25 3/4-cents above a year ago. The barrels closed at $1.5850, also up 1 3/4-cents on the …

Dairyline, Markets

Dairyline Markets In Review

Chuck Zimmerman

The blocks closed the first Friday in August at $1.6025 per pound, unchanged on the week but 29 1/4 cents above a year ago. Barrel closed at $1.5675, up a penny on the week, and 27 3/4 cents above a year ago. No cars of block traded hands on the week and six of barrel. The NASS-surveyed U.S. average block …

Dairyline, Markets

Dairyline Markets In Review

News Editor

Farm milk prices keep inching higher. The Agriculture Department announced the July Federal order Class III price at $13.74 per hundredweight, up 12 cents from June and $3.77 above July 2009. That pulls the 2010 average to $13.60, up from $10.16 a year ago, and compares to $18.25 in 2008. The Class IV price is $15.75, up 30 cents from …

Dairyline, Markets

Dairyline Markets In Review

Chuck Zimmerman

Cheese prices continued to move higher this week with the blocks closing Friday at $1.6025 per pound, up 2 3/4-cents on the week, and 40 1/4-cents above a year ago. Barrel closed at $1.56, up 3 1/2-cents on the week, and 39 cents above a year ago. Cheese prices have strengthened for six consecutive weeks. Six cars of block traded …

Dairyline, Markets

Dairyline Markets In Review

Chuck Zimmerman

Cheese prices keep climbing, up the fifth week in a row, driven primarily by climbing temperatures around the nation. The blocks closed July 16 at $1.5750 per pound, up 4 3/4-cents on the week, 43 cents above that week a year ago, and the highest they’ve been since December. Barrel closed Friday at $1.5250, up 2 1/2-cents on the week, …

Dairyline, Markets

Dairyline Markets In Review

Chuck Zimmerman

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 …

Dairyline, Markets

Dairyline Markets In Review

Chuck Zimmerman

The June Federal order Class III milk price was announced Friday at $13.62 per hundredweight (cwt.), up 24 cents from May, $3.65 above June 2009, and $1.39 above California’s comparable 4b price. The 2010 Class III average now stands at $13.58, up from $10.19 at this time a year ago, but compares to $18.26 in 2008. Class III futures portend …

Dairyline, Markets

Dairyline Markets In Review

Chuck Zimmerman

The cash dairy markets had little reaction to this week’s Cold Storage report. Block cheese closed Friday at $1.41 per pound, up a half-cent on the week, and 29 cents above that week a year ago. Barrel closed at $1.3950, up a penny on the week and 30 1/2-cents above a year ago. Only two cars of block traded hands …

Dairyline, Markets

Dairyline Markets In Review

Chuck Zimmerman

The cheese price roller coaster headed back up mid way through June Dairy Month as the market awaited the May Milk Production report which came out Friday afternoon after our deadline. Cash block ended the week at $1.4050 per pound, up 3 1/2-cents on the week, 28 3/4-cents above a year ago, and reversed three weeks of decline. The barrels …

Dairyline, Markets