Dairyline Markets In Review

Chuck ZimmermanDairyline, Forage Forum, General, Markets

Dairy Markets Week in Review Cash block cheese ended the final week of January at $1.3325 per pound, down 1 1/2 cents on the week, but 9 1/4 cents above that week a year ago. Barrel closed Friday at $1.3750, up a penny on the week, and 16 1/2 cents above a year ago. 2 cars of block traded hands … Read More

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

Dairy Markets Week in Review The cash markets saw little that it didn’t already know in the data. Block cheese closed the week at $1.3475 per pound, up 6 cents, and 11 cents above that week a year ago when the blocks plunged 11 1/4 cents. Barrel closed Friday at $1.3650, up 5 3/4-cents on the week, and 15 1/2 … Read More

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review
The cash dairy markets weakened in the shortened Martin Luther King Day week. Block cheese closed Friday at $1.2875 per pound, down 2 cents on the week, and 6 1/4 cents below that week a year ago. Barrel closed at $1.3075, down 2 1/4-cents on the week, and a quarter-cent below a year ago. Thirteen cars of block traded hands on the week and five of barrel. The latest NASS block price average hit $1.3202, up 0.5 cent. Barrel averaged $1.3136, up 1.7 cents.

Butter closed the week at $1.2250, down a half cent on the week, and 11 1/2-cents below a year ago. Only four carloads were traded. NASS butter averaged $1.1901, down 0.1 cent. NASS nonfat dry milk averaged $1.0457, down 0.1 cent. Dry whey averaged a record high 46.98 cents, up 3.3 cents.

Provided courtesy of Dairyline.

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review
The first week of trading in 2007 was a short one. The markets were closed for the New Year’s holiday on Monday and remained closed Tuesday in honor of the passing of President Gerald Ford.

Cash block cheese closed Friday at $1.34 per pound, up a penny on the week, but 2 3/4-cents below that week a year ago. Barrel finished at $1.3450, up 5 1/2-cents on the week, and a half cent above a year ago. Two cars of block traded hands on the week and three of barrel. The NASS surveyed U.S. average block price fell to $1.3039, down 0.9 cent. Barrel averaged $1.2990, up 0.3 cent.

Cash butter closed at $1.20, unchanged on the week, but 20 cents below a year ago. Three cars were sold. NASS butter averaged $1.2085, down 3.1 cents. NASS nonfat dry milk averaged $1.0072, down 3.3 cents. Dry whey averaged 41.62 cent, up 0.2 cent on the week.

Provided courtesy of Dairyline.

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review
The cash cheese market was on pause for the most part, the last week of 2006. Block closed the week and the year at $1.33 per pound, up a half-cent on the week, but 3 3/4-cents below that week a year ago when it lost 6 1/4-cents. Barrel closed 2006 at $1.29, unchanged on the week, but a nickel below a year ago when it dropped 6 cents. Only two cars of block and two of barrel traded hands on the week. The latest NASS-surveyed U.S. average block price fell to $1.3132, down 2.5 cents. Barrel averaged $1.2956, down 2.9 cents.

Butter closed Friday and the year at $1.20, down 3 cents on the week, and 14 1/2-cents below a year ago. Four cars were sold on the week. NASS butter averaged $1.2397, down 0.2 cent. NASS nonfat dry milk averaged $1.04 per pound, up 2.4 cents, and dry whey averaged 41.42 cents, up 0.4 cent.

Provided courtesy of Dairyline.

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review
Block cheese closed today at $1.3250 per pound, up a half-cent on the week, but 10 1/2-cents below a year ago. Barrel closed at $1.29, unchanged on the week, but 11 cents below a year ago. Nothing traded all week. The latest NASS-surveyed block price dropped to $1.3384, down 4.2 cents. Barrel averaged $1.3247, down 6.5 cents. The cheese market is pretty balanced although holiday school closings are sending more milk into manufacturing. That is helping the tightness in cheese but the strong powder price is drawing milk into the dryers and churns.

Butter closed Friday at $1.23 per pound, down 2 1/2-cents on the week, and 10 1/2-cents below a year ago. Thirteen cars were sold. NASS butter averaged $1.2418, down 0.4 cent. Cash Grade A nonfat dry milk dropped a dime, to $1.55, while Extra Grade remained at $1.45. The NASS nonfat dry milk price averaged $1.0160, down 1.3 cents, and dry whey averaged 41.01 cents, up 0.9 cent.

Provided courtesy of Dairyline.

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review
The cash dairy markets were pretty quiet the week of December 11. Block cheese closed the week at $1.32, unchanged on the week and 11 cents below that week a year ago. Barrel closed at $1.29, up a penny on the week, but 10 3/4-cents below a year ago. Five cars of block traded hands and six of barrel. The latest NASS-surveyed U.S. average block price hit $1.3808, up 0.7 cents. Barrel averaged $1.3898, down 2.7 cents.

Cash butter finished at $1.2550, up a half-cent on the week, but 10 1/4-cents below a year ago. 13 cars were sold. The NASS butter price averaged $1.2381, down 2.6 cents. Nonfat dry milk hit $1.0291, up 1.2 cents, and dry whey averaged 40.07 cents, down 0.1 cent.

Provided courtesy of Dairyline.

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review
Cash dairy product prices remain depressed. Block cheese closed Friday at $1.32 per pound, unchanged on the week, but 11 1/2-cents below a year ago. Barrel closed at $1.28, down 2 cents on the week, and also 11 1/2-cents below a year ago. Nine cars of block traded hands on the week and five of barrel. The latest NASS-surveyed U.S. average block price hit $1.3737, up 2.7 cents. Barrel averaged $1.4170, up 2.2 cents.

Butter closed Friday at $1.25, down 2 3/4-cents on the week, 12 cents below a year ago, and the lowest price since late July. 35 cars were sold. Extra Grade nonfat dry milk hit $1.45, up a nickel on the week, while Grade A remained at $1.65. The NASS butter price averaged $1.2644, down 0.6 cent. Nonfat dry milk hit $1.0167, up 1.9 cents, and dry whey averaged 40.13 cents, up 2.6 cents.

Provided courtesy of Dairyline.

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review
The cash cheese market finished the last week of November with a down turn. The block price closed December 1, at $1.32 per pound, down 6 1/4-cents on the week, and 9 3/4-cents below a year ago. Barrel closed at $1.30, down 12 3/4-cents on the week, and 8 3/4-cents below a year ago. Sixteen cars of block traded hands and 10 of barrel. The latest NASS-surveyed U.S. average block price hit $1.3467, up 6.1 cents. Barrel averaged $1.3949, up 6.1 cents.

Butter closed at $1.2775, down a quarter cent on the week, and 9 3/4-cents below a year ago. Eleven cars sold. NASS butter averaged $1.2703, down 1.5 cents.

Provided courtesy of Dairyline.

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review
The dairy markets viewed the Milk Production report as bearish. Block cheese closed the Thanksgiving holiday shortened week at $1.3825 per pound, down 4 1/2-cents on the week, and dead even with a year ago.

Barrel finished at $1.4275, down 1 1/4-cents on the week, but 7 1/4-cents above a year ago, and 4 1/2-cents above the blocks. Eleven cars of barrel was all that traded on the week.

Butter closed Wednesday at $1.28, down 1 3/4-cents on the week, and 12 cents below a year ago. Only six cars were sold all week.

Provided courtesy of Dairyline.