Dairy Markets Week in Review
The dairy market relapsed in the shortened Labor Day week. Block cheese closed Friday at $1.30 per pound, down 4 3/4-cents on the week, and 23 cents below that week a year ago. Barrel closed at $1.2650, also down 4 3/4-cents on the week, and 22 1/2-cents below a year ago. Eighteen cars of block traded hands on the week and three of barrel. The NASS-surveyed U.S. average block price hit $1.2164, up 2.2 cents. Barrel averaged $1.2390, up 3.7 cents.
Butter also finished the week at $1.30, down 6 3/4-cents on the week, and 39 1/2-cents below a year ago. Seventeen cars were sold on the week. NASS butter averaged $1.3087, up 6.8 cents.