Dairy Markets Week in Review
The cash markets saw little that it didn’t already know in the data. Block cheese closed the week at $1.3475 per pound, up 6 cents, and 11 cents above that week a year ago when the blocks plunged 11 1/4 cents. Barrel closed Friday at $1.3650, up 5 3/4-cents on the week, and 15 1/2 above a year ago when barrel dropped a dime. Eight cars of block were sold on the week and six of barrel. Block cheese averaged $1.3309 in the NASS price survey, up 1.1 cent. Barrel averaged $1.3337, up 2 cents.
Butter closed the week of January 22 at $1.27, up 4 1/2-cents on the week, and a half-cent above a year ago when the CME price lost 7 1/2 cents. Twenty one cars were sold on the week. NASS butter averaged $1.1976, up 0.9 cent.
Provided courtesy of Dairyline.