Dairy Markets Week in Review
Cash block cheese closed the first week of October at $1.2125 per pound, down 4 3/4-cents on the week, and 21 1/2-cents below that week a year ago when the blocks plunged 16 3/4-cents, to $1.4275. Barrel closed Friday at $1.2450, down 5 1/2-cents on the week, and 14 3/4-cents below a year ago. Four cars of block were sold on the week and five of barrel. The NASS U.S. average block price slipped to $1.2869, down 0.4 cent. Barrel averaged $1.2893, down a half cent.
Cash butter closed Friday morning at $1.3325, up 2/34-cents on the week, but 30 3/4-cents below a year ago. Nineteen cars were sold. NASS butter averaged $1.2847, down slightly.
Cash Grade A nonfat dry milk closed Friday at $1.24, up 22 cents on the week, all on bids. Extra Grade “A” closed at $1.05, up 4 cents on the week.
Provided courtesy of Dairyline.