Dairy Markets Week in Review
Cheese prices saw more strength this week. Block closed Friday at $2.10 per pound, up a dime on the week and 92 1/2-cents above a year ago. Barrel closed at $2.0475, down a quarter-cent on the week, but 88 1/4-cents above a year ago. Nine cars of block traded hands on the week and five of barrel. The lagging NASS-surveyed block price averaged $1.8620, up 10 cents, while barrel averaged $1.9151, also up a dime.
Cash butter closed Friday at $1.49, up a penny on the week and 33 3/4-cents above a year ago. Nothing was sold. NASS butter averaged $1.5072, down 0.9 cent. NASS nonfat dry milk averaged $1.9082, down slightly, and dry whey averaged 76.19 cents, up 0.5 cent.
Provided courtesy of Dairyline.