Category Archive

Dairy Markets Week in Review The “experts” are scratching their heads again over the cheese market. Forty-pound block started the final week of January with a rally, jumping 9 cents Monday morning and hit $1.74 per pound, with 13 trades taking place and 11 bids going unfilled. The next day the price dropped 2 1/2-cents, on 11 trades, but eight … Read More

Dairy Markets Week in Review Block cheese closed the Martin Luther King holiday-shortened-week at $1.65 per pound, unchanged on the week, but still 30 1/4-cents above a year ago. Barrel closed at $1.75, down 5 1/4-cents on the week, but 38 1/2-cents above a year ago. Only two cars of barrel were traded on the week. The NASS-surveyed U.S. average … Read More

Dairy Markets Week in Review Anticipating the December Milk Production report Friday afternoon, cash cheese prices continued to weaken the week of January 14. The block price closed Friday morning at $1.65 per pound, down 20 cents on the week (it lost 30 1/4-cents the previous week), 36 1/4-cents above a year ago, but the lowest block price since May. … Read More

Dairy Markets Week in Review The crash you heard January 7th was a 40-pound block of cheese at the Chicago Mercantile Exchange. We have seen several large single-day drops in the past two to three months only to see it rally a few days later. This time it was a 15 1/4-cent plunge and, while it regained almost a nickel … Read More

Dairy Markets Week in Review Cash cheese prices began 2008 with a 12 1/4-cent jump in block, which closed the New Year’s holiday shortened week at $2.1525 per pound, 81 1/4-cents above that week a year ago. Barrel closed at $2.09, up 11 cents on the week and 74 1/2-cents above a year ago. Four cars of barrel was all … Read More

Dairy Markets Week in Review The cash cheese market ended 2007 on a positive note and staged a last minute rally, with prices topping $2.00 a pound for the fourth time this year. Block closed Friday December 28, at $2.03, up 8 cents on the three-day holiday-shortened week, and 70 cents above a year ago. Barrel closed at $1.98, also … Read More

Dairy Markets Week in Review Checking the price front; cheese continues to confound. After losing 26 1/4-cents the previous week, the block price fell another 12 1/2-cents this week to $1.8050, and surprise surprise; reversed gears Friday and shot back up to $1.95 per pound, up 2 cents on the week and 62 1/2-cents above that week a year ago. … Read More

Dairy Markets Week in Review The cheese price roller coaster headed down again. The block price lost 4 cents on Monday December 10, 12 1/4 cents on Tuesday, and closed Friday at $1.93 per pound, down 26 1/4-cents on the week but still 61 cents above a year ago. Barrel closed at $1.9975, down 16 1/4-cents on the week but … Read More

Dairy Markets Week in Review Just when you think cheese prices are down for the count, along comes another rally. Such was the case the first week of December. Block cheese regained almost 9 cents on Monday, after plunging 19 cents the previous week. It closed Friday at $2.1925 per pound, up 18 1/4-cents on the week and 87 1/4-cents … Read More

Dairy Markets Week in Review The final week of November also saw a new record price on block cheese at $2.2025 per pound, topping the April 2004 record by a quarter-cent. But it also saw a crash on Thursday of 19 1/4-cents and it closed Friday at $2.01, down 19 cents on the week, but still 69 cents above a … Read More