Dairy Markets Week in Review
The cash markets had little reaction to the July Milk Production or Cold Storage reports released this week. Block cheese ended the week at $1.9725 per pound, up 1 1/4-cents on the week, and 67 3/4-cents above that week a year ago. Barrel closed Friday at $1.9325, up 4 1/4-cents on the week, and 64 1/4-cents above a year ago. Three cars of block traded hands on the week and five of barrel. The NASS U.S. average block price slipped a half-cent, to $1.8847. Barrel averaged $1.8916, up a half cent.

Butter closed Friday at $1.4225, up 4 1/4-cents on the week, and 6 3/4-cents above a year ago. Eight cars were sold. NASS butter averaged $1.4451, down 3 1/2-cents. NASS nonfat dry milk averaged $2.0682, up 1.9 cents, and dry whey averaged 60.37 cents, down 3 cents on the week.
Provided courtesy of Dairyline.