Dairy Markets Week in Review
Cash cheese prices continued their descent Christmas Week, with block closing the shortened week at $1.27 per pound, down 3 1/4-cents on the week, 76 cents below a year ago, and just 14 cents above the government support price.
Barrel closed Wednesday at $1.3075, down 4 3/4-cents on the week, 67 1/4-cents below a year ago, but 3 3/4-cents above the blocks. Thirteen cars of block traded hands on the week and none of barrel.
Cash butter closed at $1.14, down 3 cents on the week and 11 cents below a year ago. Only one car was traded.
Cash Grade A and Extra Grade nonfat dry milk closed at 86 1/2-cents per pound, down a penny and a half on the week. The NASS-surveyed prices were delayed until December 29.
Provided courtesy of Dairyline.