Dairy Markets Week in Review
Recapping the markets, forty-pound block cheese picked up 2 1/4-cents on the shortened holiday week, closing at $2.0725 per pound, and 70 1/4-cents above a year ago. Five hundred pound barrel closed Friday at $2.02, up 3 cents on the week, and 67 cents above a year ago. Two cars of block traded hands on the week and one of barrel. The NASS-surveyed block gained 2.1 cents and averaged $1.7550. Barrel averaged $1.8644, up 2.9 cents.
Cash butter closed the week at $1.1775, down 2 1/2-cents, three and a quarter-cents below a year ago. 12 cars were sold. NASS butter averaged $1.2166, up 0.3 cent. NASS nonfat dry milk averaged $1.3059, down 7.3 cents, and dry whey averaged 26.23 cents, down one cent on the week.
Provided courtesy of Dairyline.