Dairy Markets Week in Review
Block cheese topped $2.00 for the sixth time in a year and closed Friday $2.08 per pound, up 8 1/4-cents on the week, 37 cents above that week a year ago, and the highest it’s been since late February. Barrel closed at $2.03, up a nickel on the week and 34 cents above a year ago. Three cars of each traded hands on the week. The lagging NASS-surveyed U.S. average block price hit $1.9281, up 3.3 cents. Barrel averaged $1.9077, up 5.3 cents.

Butter, following 21 consecutive trading sessions of gain, closed Friday at $1.50, up 3 cents on the week and three-quarter cents above a year ago. Only three cars traded hands. NASS-butter averaged $1.4123, up 4.3 cents. Nonfat dry milk averaged $1.3094, up 3.3 cents and dry whey averaged 26.38 cents, up 0.3 cent.

Provided courtesy of Dairyline.