Dairy Markets Week in Review
The cash cheese market saw more strength this week. Butter saw its first decline since March 25th, but recovered. The blocks closed Friday at $1.9050 per pound, up 7 cents on the week, and 42 1/4-cents above a year ago. Barrel closed at $1.84, up 9 cents on the week, and 35 1/2 above a year ago. 17 cars of barrel traded hands on the week and no block. The U.S. NASS-average block price hit $1.7963, up 0.3 cent. Barrel averaged $1.7789, down 1.1 cent.
Butter closed at $1.3925, up a quarter-cent on the week and a quarter-cent above a year ago. Only two cars were sold on the week. NASS butter averaged $1.3452, up 0.6 cent. Nonfat dry milk averaged $1.2418, down 0.8 cent, and dry whey averaged 24.98 cents, down 0.6 cent.
Provided courtesy of Dairyline.