Dairy Markets Week in Review
The cash cheese market gave back much of the previous week’s gains this week. The block price closed Friday at $1.24 per pound, down 4 cents on the week, and 16 cents below that week a year ago when it dropped almost 7 cents. Barrel closed Friday at $1.2475, down 1 1/4-cents on the week, and 10 1/4-cents below a year ago. Eight cars of block traded hands on the week and only one of barrel. The NASS U.S. average block price slipped 2.5 cents, to $1.2216. Barrel averaged $1.2340, down 3.4 cents.

Cash butter closed Friday at $1.2750, down 8 cents on the week, and 30 1/4-cents below a year ago when butter dropped almost 6 cents. Only eight cars were sold on the week. NASS butter averaged $1.3146, up 2.4 cents.

Provided courtesy of Dairyline.