Dairy Markets Week in Review
The first day of trading in July saw a small rebound from the previous week’s crash in cheese. Block closed Friday at $1.9650 per pound, up 2 1/2-cents on the week and 80 1/2-cents above week a year ago. Barrel closed at $1.9250, up 1 1/2-cents on the week, and 77 1/2-cents above a year ago. Three cars of block traded hands and one of barrel. The NASS U.S. average block price finally topped $2.00, hitting $2.0164, up 7.6 cents, while barrel averaged $2.0159, up 2.3 cents.

Butter closed at $1.4650, down 2 cents on the week, but 31 1/4-cents above a year ago. Seven cars were sold on the week. NASS butter averaged $1.4678, down 1.2 cents. NASS nonfat dry milk averaged $1.9971, down 0.6 cent, and dry whey averaged 74.68 cents, down 1.8 cents.
Provided courtesy of Dairyline.