Dairy Markets Week in Review
The cash cheese price continued to climb the second week of November, driven primarily by demand for fresh cheese. Block closed Friday at a year-high $1.4275 per pound, up 2 3/4-cents on the week, and 5 1/2-cents above a year ago. Barrel finished at $1.44, up 4 cents on the week, and 9 3/4-cents above a year ago. Nine cars of block were sold on the week and 22 of barrel. The NASS U.S. average block price hit $1.2532, up 2.3 cents. Barrel averaged $1.2874, up 2.8 cents.

Butter closed at $1.2975 down 3 1/4-cents on the week, and 14 3/4-cents below a year ago. 27 cars were sold on the week. NASS butter averaged $1.2642, up 0.4 cent. Cash Extra Grade nonfat dry milk closed at $1.30 per pound, up a dime on the week. Grade A was unchanged, holding at $1.65.

Provided courtesy of Dairyline.