Dairy Markets Week in Review
The cash market saw some strength early in the first week of October but ended Friday on a down note for block cheese and butter. Block closed at $1.8850 per pound, down 1 1/2-cents on the week, but 67 1/4-cents above a year ago. Barrel closed at $1.89, up 4 cents on the week, and 64 1/2-cents above a year ago. Only one car of block traded hands all week. The NASS U.S. average block price slipped to $2.0084, down 7.5 cents. Barrel averaged $2.0185, down 5.2 cents.
Butter closed at $1.3175, up a quarter-cent on the week, but a penny and a half below a year ago. Twenty cars were sold on the week. NASS butter averaged $1.3534, down 0.7 cent. NASS nonfat dry milk averaged $2.0648, up 0.7 cent, and dry whey averaged 42.34 cents, down 1.9 cents.
Provided courtesy of Dairyline.