Dairy Markets Week in Review
The cash cheese market started the Easter holiday shortened week on a continued decline from the previous week but reversed gears Tuesday. The block price closed Thursday at $1.80 per pound, down just a penny on the week but 40 cents above a year ago. Barrel closed at $1.7750, up 3 1/2-cents on the week, and 36 1/2-cents above a year ago. Twenty one cars of block traded hands on the week and 22 of barrel. The NASS U.S. average block price averaged $1.9975, down 4.8 cents. Barrel averaged $1.9745, down 2.7 cents.

Butter closed Thursday at $1.3875, up 3 1/2-cents on the week, and 5 3/4-cents above a year ago. Nothing has sold in the cash butter market since February 29; the gains have all come on unfilled bids. NASS butter averaged $1.2785, up 7.9 cents. NASS nonfat dry milk averaged $1.2385, down 3 cents, and dry whey averaged 24.38 cents, down 0.3 cent.

Provided courtesy of Dairyline.