Dairy Markets Week in Review
Cash dairy prices were mixed in the Columbus Day week. Block cheese closed Friday at $1.2025 per pound, down a penny on the week, after losing almost a nickel the previous week, and is 25 1/2-cents below that week a year ago. Barrel, after some jockeying up and down, closed at $1.2225, down 2 1/4 from the previous week, and 15 3/4-cents below a year ago. Twelve cars of block traded hands on the week and four of barrel. The NASS-surveyed U.S. average block price slipped to $1.2605, down 2.6 cents. Barrel averaged $1.2981, up 0.9 cent.
Butter closed at $1.36, up 2 3/4-cents on the week, but 28 3/4s below a year ago. Twenty three cars were sold. NASS butter averaged $1.2760, down 0.9 cent. Cash Grade A nonfat dry milk held all week at $1.24 and Extra Grade held at $1.05. The NASS-surveyed powder price averaged 88.45 cents, up a half-cent.
Provided courtesy of Dairyline.