Dairy Markets Week in Review
Cash dairy product prices remain depressed. Block cheese closed Friday at $1.32 per pound, unchanged on the week, but 11 1/2-cents below a year ago. Barrel closed at $1.28, down 2 cents on the week, and also 11 1/2-cents below a year ago. Nine cars of block traded hands on the week and five of barrel. The latest NASS-surveyed U.S. average block price hit $1.3737, up 2.7 cents. Barrel averaged $1.4170, up 2.2 cents.

Butter closed Friday at $1.25, down 2 3/4-cents on the week, 12 cents below a year ago, and the lowest price since late July. 35 cars were sold. Extra Grade nonfat dry milk hit $1.45, up a nickel on the week, while Grade A remained at $1.65. The NASS butter price averaged $1.2644, down 0.6 cent. Nonfat dry milk hit $1.0167, up 1.9 cents, and dry whey averaged 40.13 cents, up 2.6 cents.

Provided courtesy of Dairyline.