The cash block cheese price closed the first Friday in May at $1.38 per pound, down three-quarters on the week, but 24 1/4-cents above a year ago. Barrel closed at $1.3725, also down three quarters, but 31 3/4-cents above a year ago when the barrels bottomed out at $1.0550. Eight cars of block traded hands on the week and 10 of barrel. The lagging NASS-surveyed U.S. average block price lost 1.3 cents, slipping to $1.4257. Barrel averaged $1.3939, down 2.7 cents.

Butter inched 2 cents higher Monday and Tuesday, plunged 6 cents Wednesday, regained 2 on Thursday, and a half-cent Friday, and closed at $1.6050, down a penny and a half, and reversed 12 weeks of gains, but it’s 36 1/2-cents above a year ago. Eight cars were sold. NASS butter averaged $1.5491, up 3.4 cents.

Cash Grade A nonfat dry milk closed at $1.3275, up 3 cents on the week. Six cars were sold. Extra Grade closed at $1.30, up a nickel. NASS powder averaged $1.2174, up 4 cents. Dry whey averaged 35.74 cents, up 0.5 cent.

Provided courtesy of Dairyline.