Dairy Markets Week in Review
The dairy markets viewed the Milk Production report as bearish. Block cheese closed the Thanksgiving holiday shortened week at $1.3825 per pound, down 4 1/2-cents on the week, and dead even with a year ago.
Barrel finished at $1.4275, down 1 1/4-cents on the week, but 7 1/4-cents above a year ago, and 4 1/2-cents above the blocks. Eleven cars of barrel was all that traded on the week.
Butter closed Wednesday at $1.28, down 1 3/4-cents on the week, and 12 cents below a year ago. Only six cars were sold all week.
Provided courtesy of Dairyline.