Dairy Markets Week in Review
The cash cheese market, though anticipating the Labor Day holiday, strengthened for the sixth week in a row and topped $2.00 a pound. Block closed Friday at $2.0750, up 10 1/4-cents on the week and 72 3/4-cents above a year ago. Barrel closed at $2.01, up 7 3/4-cents on the week, and 69 3/4-cents above a year ago. Ten cars of barrel was all that traded on the week. The NASS U.S. average block price hit $1.9093, up 2.5 cents. Barrel averaged $1.9068, up 1.2 cents.
Butter closed Friday at $1.4225, unchanged on the week, but 5 1/2-cents above a year ago. Ten cars were sold. NASS butter averaged $1.3803, down 6.5 cents. NASS nonfat dry milk averaged $2.0780, up 1.1 cent. Dry whey averaged 57.89 cents, down 3.3 cents.
Provided courtesy of Dairyline.