Dairy Markets Week in Review
Cash cheese saw little change this week. Block closed Friday at $1.96 per pound up 2 cents on the week, and 72 cents above a year ago. Barrel closed at $1.89, down a penny, but 64 3/4-cents above a year ago. Four cars of block traded hands on the week and three of barrel. The NASS-U.S. average block price inched up to $1.8891, up 0.4 cent. Barrel averaged $1.8725, down 2.3 cents.
Butter closed at $1.38, down a dime on the week, but 9 1/2-cents above a year ago. Twelve cars were sold. NASS butter averaged $1.4799, down 1.3 cents. NASS nonfat dry milk averaged $2.0497, up 2 cents, but dry whey continues to weaken, averaging 63.33 cents, down 2.2 cents on the week.
Provided courtesy of Dairyline.