Dairy Markets Week in Review

The block cheese price closed Friday at $1.18 per pound, up a penny on the week but 74 1/2-cents below a year ago. Barrel closed at $1.1075, down a quarter-cent on the week, and 77 1/4-cents below a year ago. Twenty nine cars of block traded hands on the week and 13 of barrel. The NASS U.S. average block price hit $1.2771, down 0.1 cent, while barrel averaged $1.2495, down 4.9 cents.

Butter strengthened, likely due to weather-inspired ice cream demand, closing Friday at $1.2225, up 2 cents on the week, but still 19 cents below a year ago. Twenty two cars were sold. NASS butter averaged $1.1737, up 1.6 cents.

Cash Grade A nonfat dry milk inched up a penny and a half, to 86 1/2 cents per pound. Fifteen cars traded hands on the week. Extra Grade remained at 85 cents, with no activity.

NASS nonfat dry milk averaged 81.95 cents, down 0.1 cent, and dry whey averaged 20.15 cents, up 0.8 cent.

Provided courtesy of Dairyline.