Dairy Markets Week in Review
Block cheese closed the Martin Luther King holiday-shortened-week at $1.65 per pound, unchanged on the week, but still 30 1/4-cents above a year ago. Barrel closed at $1.75, down 5 1/4-cents on the week, but 38 1/2-cents above a year ago. Only two cars of barrel were traded on the week. The NASS-surveyed U.S. average block price inched up 1.4 cents, to $2.0092. Barrel averaged $2.0324, up 0.2 cent.
Cash butter closed Friday at $1.2325, up 1 1/4-cents on the week but 3 3/4-cents below a year ago. Four cars were sold. NASS butter averaged $1.2089, down 3.9 cents. NASS nonfat dry milk averaged $1.4509, down 19.3 cents, and dry whey averaged 39.2 cents, down 4.4 cents on the week.
Cash Grade A nonfat dry milk dropped 15 cents, to $1.40 per pound, and Extra Grade plunged 27 cents, also closing at $1.40.
Provided courtesy of Dairyline.