Dairy Markets Week in Review Cash block cheese reached a new high for 2007 on September 12, at $2.1625 per pound, just under 4 cents shy of the record set in April 2004. The bad news is it plunged 11 1/4-cents the next day, reminiscent of the 13-cent decline in late June, and lost 6 cents Friday. It closed at … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cheese prices continued to strengthen during the shortened Labor Day week and topped previous highs for the year. Block closed Friday at $2.14 per pound, up 6 1/2-cents on the week and 84 cents above that week a year ago when block was selling at the same $1.30 a pound that butter was. The barrel … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The cash cheese market, though anticipating the Labor Day holiday, strengthened for the sixth week in a row and topped $2.00 a pound. Block closed Friday at $2.0750, up 10 1/4-cents on the week and 72 3/4-cents above a year ago. Barrel closed at $2.01, up 7 3/4-cents on the week, and 69 3/4-cents above … Read More
Dairyline Markets in Review
Dairy Markets Week in Review The cash markets had little reaction to the July Milk Production or Cold Storage reports released this week. Block cheese ended the week at $1.9725 per pound, up 1 1/4-cents on the week, and 67 3/4-cents above that week a year ago. Barrel closed Friday at $1.9325, up 4 1/4-cents on the week, and 64 … Read More
Dairyline Markets in Review
Dairy Markets Week in Review Cash cheese saw little change this week. Block closed Friday at $1.96 per pound up 2 cents on the week, and 72 cents above a year ago. Barrel closed at $1.89, down a penny, but 64 3/4-cents above a year ago. Four cars of block traded hands on the week and three of barrel. The … Read More
Dairyline Markets in Review
Dairy Markets Week in Review Cash block cheese started the week slipping a penny, reversed gears on Tuesday jumping 4 1/4-cents, then gave up a penny and a half Thursday, but ended Friday at $1.94 per pound, up 3 3/4-cents on the week, and 74 cents above that week a year ago. Barrel closed at $1.90, also up 3 3/4-cents … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The cash cheese market saw some strength the last week of July. Block cheese closed Friday at $1.9025 per pound, up 4 3/4-cents on the week, and 70 3/4-cents above a year ago. Barrel closed at $1.8625, up 1 1/2-cents on the week, and 70 1/4-cents above a year ago. Six cars of each traded … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The cash cheese market apparently viewed this Wednesday’s milk production report as bearish. Blocks closed Friday at $1.8450 per pound, down 11 1/2-cents on the week, but still 68 1/2-cents above that week a year ago. Barrel closed at $1.83, down a dime on the week, but 71 1/2-cents above a year ago. Seven cars … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cash block cheese lost 3 cents mid-week the second week of July but regained 2 1/2 cents on Friday the 13th and closed at $1.96 per pound, down a half-cent on the week, but 80 cents above that week a year ago. Barrel closed at $1.93, up a half-cent on the week, and 81 cents … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The first day of trading in July saw a small rebound from the previous week’s crash in cheese. Block closed Friday at $1.9650 per pound, up 2 1/2-cents on the week and 80 1/2-cents above week a year ago. Barrel closed at $1.9250, up 1 1/2-cents on the week, and 77 1/2-cents above a year … Read More