Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review
The second week of October saw more weakness in the cheese market. Block closed Friday at $1.8475, down 3 3/4-cents on the week, but still 64 1/2-cents above that week a year ago. Barrel closed at $1.8675, down 2 1/4-cents on the week, but also 64 1/2-cents above a year ago. Fourteen cars of block traded hands and eight of barrel. The NASS U.S. average block price fell to $1.9488, down 6 cents. Barrel averaged $1.9513, down 6.7 cents.

Butter closed the week at $1.2850, down 3 1/4-cents, and 7 1/2-cents below a year ago. 17 cars were sold. NASS butter averaged $1.3299, down 2.4 cents. NASS nonfat dry milk averaged $2.0534, down 1.1 cent, and dry whey averaged 41.26 cents, also down 1.1 cent.
Provided courtesy of Dairyline.