Dairy Markets Week in Review
The cash cheese market saw some strength the last week of July. Block cheese closed Friday at $1.9025 per pound, up 4 3/4-cents on the week, and 70 3/4-cents above a year ago. Barrel closed at $1.8625, up 1 1/2-cents on the week, and 70 1/4-cents above a year ago. Six cars of each traded hands on the week. The NASS-surveyed U.S. average block price dropped 3 cents, to $1.9432. Barrel averaged $1.9351, down 2 cents.
Butter closed Friday at $1.5025, down three quarters of a cent on the week, but 21 3/4-cents above a year ago. Only two cars were sold. NASS butter averaged $1.4783, up a penny. NASS nonfat dry milk averaged $2.0086, down 1.2 cents, and dry whey averaged 69.02 cents, down 3.5 cents on the week.
Provided courtesy of Dairyline.