Cash cheese prices strengthened the third week in a row and block closed Friday September 19 at $1.9550 per pound, up 5 1/4-cents on the week and 14 cents above a year ago when they tumbled 17 1/2 cents, to $1.8150. Barrel closed at $1.9325, up a nickel on the week and 3 1/4 above a year ago. Only one car of block traded hands and none of barrel. The NASS U.S. average block price lost another 1.8 cents, hitting $1.7176, while barrel averaged $1.7092, up 1.9 cents.
Butter closed Friday at $1.7250, up 6 1/2-cents on the week, 35 1/2-cents above a year ago, and the highest price since September 2005. Nothing was sold. NASS butter averaged $1.6142, up 0.5 cent. NASS nonfat dry milk plunged 11.4 cents, averaging $1.2130, and dry whey averaged 22.15 cents, down 0.6 cent.
Cash Grade A and Extra Grade nonfat dry milk closed at $1.13, each, down 17 cents on the week.
Provided courtesy of Dairyline.