Dairy Markets Week in Review
Block cheese plummeted this week and closed at $1.8150 per pound, down 17 1/2-cents on the week, but still 48 1/2-cents above that week a year ago. Barrel closed at $1.90, down 9 cents on the week, but 56 cents above a year ago. Sixteen cars of block traded hands and 10 of barrel. The NASS U.S. average block price finally topped $2.00, hitting $2.0449, up 6.9 cents. Barrel averaged $2.0303, up 6 cents.
Butter finished the week at $1.37 per pound, down a quarter-cent on the week, but 5 cents above a year ago. Twenty cars were sold. NASS butter averaged $1.3844, down 0.7 cent. NASS nonfat dry milk averaged $2.0412, down 2.2 cents, and dry whey averaged 47.19 cents, down 3.3 cents on the week.
Provided courtesy of Dairyline.