Dairy Markets Week in Review
The cash dairy markets gained ground the first week of September. Block cheese closed Friday morning at $1.7850 per pound, up 8 1/4-cents on the week, but 35 1/2-cents below that week a year ago. Barrel closed Friday at $1.7750, up 14 1/4-cents on the week but 29 1/2-cents below a year ago. Seven cars of block traded hands and 18 of barrel. The NASS-surveyed U.S. average block price fell to $1.7522, down 7.4 cents. Barrel averaged $1.7278, down 3.4 cents.

Butter closed at $1.66, up 4 3/4-cents on the week and 24 cents above a year ago. Two cars traded hands. NASS butter averaged $1.5870, down 3.9 cents. NASS nonfat dry milk averaged $1.3682, down 2.8 cents, and dry whey averaged 23.52 cents, 0.8 cent.

Provided courtesy of Dairyline.