Dairy Markets Week in Review
The dairy markets saw more ups and downs the last week of August. Block cheese closed Friday at $1.3475 per pound, the highest price since late January. That’s 5 1/4-cents above the previous week but 15 1/4-cents below a year ago. Barrel climbed to $1.3350 and then gave back some on Friday, closing at $1.3125, up 2 1/4-cents on the week, but 17 3/4 cents below a year ago. 18 cars of block traded hands on the week and 7 of barrel. The NASS U.S. average block price hit $1.1925, up 1.9 cents. Barrel averaged $1.2046, up 3.9 cents.
Butter closed Friday at $1.3675, up 1 1/4-cents on the week, but 32 3/4 cents below a year ago. 40 cars were sold. NASS butter averaged $1.2406, up 1.8 cents.
Provided courtesy of Dairyline.