Dairy Markets Week in Review
Cash cheese topped $2.00 for the third time this year. Forty-pound block cheese closed Friday at $2.01 per pound, up a penny on the week, and 69 1/4-cents above a year ago. Barrel climbed to $1.93 but lost ground Friday, closing at $1.9125, up a quarter-cent on the week, and 60 cents above a year ago. Two cars of block traded hands on the week and one of barrel. The U.S. NASS block average hit $1.8720, up slightly, and barrel averaged $1.9028, up 0.3 cent.

After holding at $1.29 since October 17, cash butter began to inch higher and closed Friday at $1.3150, up 2 1/2-cents on the week, and 4 cents above a year ago. 12 cars were sold. NASS butter averaged $1.2850, up 1.2 cents. Cash Grade A nonfat dry milk, on one offer, lost 7 cents Friday and closed at $1.93 on one offer. Extra Grade remained at $1.93. NASS nonfat dry milk averaged $2.0434, down 2.2 cents, and dry whey averaged 43.40 cents, up 1.9 cents.

Provided courtesy of Dairyline.