Dairy Markets Week in Review
The cash dairy markets saw a little strength the following week. Block cheese closed Friday at $1.90 per pound, up a nickel on the week, and 64 cents above that week a year ago. Barrel closed at $1.85, down five cents on the week, but 55 cents above a year ago. 31 cars of block traded hands and 9 of barrel. The NASS U.S. average block price hit $2.09 per pound, up four cents. Barrel averaged $2.07, also up four cents from the previous week.
Butter closed Friday at $1.3150, down 5 1/2-cents on the week, but up a penny from a year ago. 26 cars were sold. NASS butter averaged $1.37, down 1.1 cents. NASS nonfat dry milk averaged $2.06, up 1.7 cents, and dry whey averaged 44.3 cents, down 2.9 cents on the week
Provided courtesy of Dairyline.