Dairy Markets Week in Review
The cash block cheese price lost another 7 cents this week, closing Friday at $2.16 per pound, still 18 3/4-cents above that week a year ago. Barrel closed at $2.15, down a nickel on the week but 22 cents above a year ago. Six cars of block traded hands on the week and four of barrel. The NASS-surveyed U.S. average block price finally topped two dollars, hitting $2.0719, up 8 cents. Barrel averaged $2.1371, up 11 cents.
Butter closed Friday at $1.48, unchanged on the week, but 2 1/4-cents below a year ago. Twenty six cars were sold. NASS butter averaged $1.4748, up a penny. NASS nonfat dry milk averaged $1.3389, up 2.5 cents. Dry whey averaged 27.09 cents, down 0.6 cent.
Cash Grade “A” nonfat dry milk gained a penny and a half on the week and closed at $1.4650. Extra Grade closed at $1.46, up a penny. Two cars were sold.
Provided courtesy of Dairyline.