Dairy Markets Week in Review
Checking the markets for the week of April 16; cash block cheese closed Friday at $1.4825 per pound, up 5 3/4-cents on the week, 32 1/4-cents above that week a year ago, and the highest block price since October 2005.
Barrel closed at $1.4850, up 7 1/4-cents on the week, and 35 1/4-cents a year ago. Nine cars of block traded hands on the week and 13 of barrel. The NASS U.S. average block price hit $1.3970, up 1.2 cents, and barrel averaged $1.4135, up 0.7 cent.
Butter closed Friday at $1.39, up 1 1/2-cents on the week, and 22 cents above a year ago. Only one car was sold all week. NASS butter averaged $1.3237, up 0.9 cent. NASS nonfat dry milk averaged $1.3920, up 4.2 cents, and dry whey averaged a record high 77.94 cents, up 1.7 cents.
Provided courtesy of Dairyline.