Dairy Markets Week in Review
The cash cheese roller coaster started the week heading down but rallied a little bit with 40-pound block closing Friday at $1.7125 per pound, down 4 3/4-cents on the week and 26 cents below that week a year ago. Barrel closed at $1.6625, down 7 1/2-cents on the week, and 27cents below a year ago. 42 cars of block traded hands and 17 of barrel. The NASS-surveyed U.S. average block price hit $1.9011, down 6.2 cents. Barrel averaged $1.7937, down 9.2 cents.
Cash butter saw a 3 1/2-cent loss on the week, closing Friday at $1.61, but still 18 3/4-cents above a year ago. Nine cars were sold. NASS butter averaged $1.5915, up 3.4 cents. NASS nonfat dry milk averaged $1.3621, down 3.6 cents, and dry whey averaged 24.60 cents, down 0.5 cent
Provided courtesy of Dairyline.