Dairy Markets Week in Review
Block cheese closed this week at $1.9250 per pound, up 2 cents on the week and 37 1/2-cents above that week a year ago. Barrel closed at $1.88, up 4 cents on the week and 38 1/2-cents above a year ago. Five cars of block traded hands on the week and none of barrel. The U.S. NASS average block price hit $1.8306, up 3.4 cents. Barrel averaged $1.7748, down 0.4 cent.
Butter closed Friday at $1.4125, up 2 cents on the week and a half-cent above a year ago. Only three cars traded hands on the week. Cash Grade A and Extra Grade nonfat dry milk jumped a nickel on one bid of each and both closed Friday at $1.35 per pound.
NASS butter averaged $1.3483, up 0.3 cent. NASS nonfat dry milk averaged $1.2574, up 1.5 cents. Dry whey averaged 25.82 cents, up 0.8 cent.
Provided courtesy of Dairyline.