Dairy Markets Week in Review

The cash market saw block cheese move higher for the third week in a row while butter and nonfat dry milk plunged the final week of January. Cash block cheese closed Friday at $1.5150 per pound, up 3 1/2-cents on the week and 36 1/2-cents above a year ago. Barrel closed at $1.5050, unchanged on the week, and 39 cents above a year ago. Ten carloads of each traded hands on the week. The NASS-surveyed block price averaged $1.4644 across the U.S., down 8.4 cents. Barrel averaged $1.4769, down 0.3 cent.

Butter closed the week at $1.33, 13 3/4-cents below the previous week, but
22 3/4-cents above a year ago. Thirteen cars were sold on the week. NASS butter averaged $1.3854, up 4.6 cents.

Cash Grade A nonfat dry milk closed Friday at $1.19, down 11 cents, and Extra Grade closed at $1.24, down 6 cents. NASS powder averaged $1.0917, down a whopping 19.6 cents, and dry whey averaged 38.66 cents, down 0.3 cent.

Provided courtesy of Dairyline.