Dairy Markets Week in Review
The final week of November also saw a new record price on block cheese at $2.2025 per pound, topping the April 2004 record by a quarter-cent. But it also saw a crash on Thursday of 19 1/4-cents and it closed Friday at $2.01, down 19 cents on the week, but still 69 cents above a year ago. Barrel closed at $2.0175, down 6 1/4-cents on the week, but 71 3/4-cents above a year ago. Fourteen cars of block traded hands and three of barrel. The lagging NASS-surveyed block price hit $2.0387, up 5.8 cents. Barrel averaged $2.0016, up 3.5 cents.

Cash butter closed Friday at $1.32, down 5 1/4-cents on the week, but 4 1/4-cents above a year ago. 29 cars were sold. NASS butter averaged $1.3263, up a penny. NASS nonfat dry milk slipped 1.8 cents, to $1.8903. Dry whey averaged 44.6 cents, up 0.8 cent.

Provided courtesy of Dairyline.