Dairyline Markets In Review

Block cheese fell 4 1/4-cents the first week of March, closing Friday at $1.2975 per pound, but that’s still 9 3/4-cents above that week a year ago. Barrel closed at $1.25, down 4 cents on the week, but 3 cents above a year ago. Eight cars of block traded hands on the week and 34 of barrel. The NASS-surveyed U.S. average block price fell 1.4 cents, to $1.4921. Barrel averaged $1.4661, down 3.4 cents.

Thankfully, the butter market remains strong, closing Friday at $1.45, up 4 1/2-cents on the week and 28 1/4-cents above a year ago. Only one car was sold all week. NASS butter averaged $1.3592, up 1.9 cents.

Cash Grade A nonfat dry milk lost a penny on the week, closing Friday at $1.11. Extra Grade plunged 12 cents, dipping to $1.12. NASS powder averaged $1.0448, down 2.5 cents, and dry whey averaged 38.94 cents, down 0.5 cent.

Provided courtesy of Dairyline.