Dairy Markets Week in Review
Cash block cheese gained another 11 3/4-cents the second week of September, closing Friday at $1.9025 per pound, but that’s 8 3/4-cents below a year ago. Barrel closed at $1.8825, up 10 3/4-cents on the week but 10 3/4-cents below a year ago. Only one car of block traded hands on the week and four of barrel. The NASS-surveyed U.S. average block price fell to $1.7353, down 1.7 cents. Barrel averaged $1.6898, down 3.8 cents.
Butter closed at $1.66, unchanged on the week, 28 3/4-cents above a year ago. Only two cars traded hands on the week. NASS butter averaged $1.6090, up 2.2 cents. NASS nonfat dry milk averaged $1.3255 down 4.2 cents, and dry whey averaged 22.7 cents, down 0.8 cent.
Cash Grade A and Extra Grade nonfat dry milk lost 6 cents on the week and dipped to $1.30 per pound each.
Provided courtesy of Dairyline.