Dairy Markets Week in Review The dairy market relapsed in the shortened Labor Day week. Block cheese closed Friday at $1.30 per pound, down 4 3/4-cents on the week, and 23 cents below that week a year ago. Barrel closed at $1.2650, also down 4 3/4-cents on the week, and 22 1/2-cents below a year ago. Eighteen cars of block … Read More
Dairyline Markets In Review
Dairy Markets Week in Review
The dairy markets saw more ups and downs the last week of August. Block cheese closed Friday at $1.3475 per pound, the highest price since late January. That’s 5 1/4-cents above the previous week but 15 1/4-cents below a year ago. Barrel climbed to $1.3350 and then gave back some on Friday, closing at $1.3125, up 2 1/4-cents on the week, but 17 3/4 cents below a year ago. 18 cars of block traded hands on the week and 7 of barrel. The NASS U.S. average block price hit $1.1925, up 1.9 cents. Barrel averaged $1.2046, up 3.9 cents.
Butter closed Friday at $1.3675, up 1 1/4-cents on the week, but 32 3/4 cents below a year ago. 40 cars were sold. NASS butter averaged $1.2406, up 1.8 cents.
Provided courtesy of Dairyline.
Dairyline Markets In Review
Dairy Markets Week in Review
The cash dairy markets continued to strengthen the week of August 21. Block cheese closed Friday at the highest level since late January, $1.2950 per pound, up 5 1/2-cents on the week, but 17 1/2-cents below that week a year ago. Barrel closed at $1.29, up 4 3/4-cents on the week, but 19 cents below a year ago. 13 cars of block traded hands and 3 of barrel. The NASS U.S. average block price gained a penny, hitting $1.1717, while barrel averaged $1.1712, up 2.2 cents.
Butter closed at $1.3550, up 7 cents on the week, but 34 1/2-cents below a year ago. 61 cars were sold on the week. NASS butter averaged $1.2212, up 0.2 cent.
Provided courtesy of Dairyline.
Dairyline Markets In Review
Dairy Markets Week in Review
The cash dairy markets anticipated a more bullish milk production report and continued to strengthen the week of August 14. Block cheese closed that Friday at $1.24 per pound, up 4 cents on the week, but 23 cents below a year ago. Barrel closed at $1.2425, up 5 cents on the week, but 23 3/4-cents below a year ago. 18 cars of block traded hands and 11 of barrel. The NASS U.S. average block price hit $1.1622, up 1.9 cents. Barrel averaged $1.1492, up 0.6 cent.
Butter closed Friday at $1.2850, down a half-cent on the week, and 41 1/4 cents below a year ago. 43 cars were sold. NASS butter averaged $1.2146, up 6.1 cents.
There’s encouraging news in fluid milk, according to the CME’s Daily Dairy Report (DDR). After consecutive years of declines, fluid milk sales were up 1.4 percent in the first half of 2006, according to Federal order and California data. The DDR adds that, if this pace continues, this could be the third time in the last 20 years that fluid sales increased at least 1 percent from the previous year.
Provided courtesy of Dairyline.
Dairyline Markets In Review
Dairy Markets Week in Review
The dairy markets saw some ups and downs the second week of August but block cheese closed the week at $1.20 per pound, up a half-cent on the week, but 20 1/4-cents below a year ago. Barrel closed Friday at $1.1925, up 3 1/4-cents on the week, but 16 3/4-cents below a year ago. Eight cars of block were traded and nine of barrel. The NASS U.S. average block price slipped to $1.1434, down a penny. Barrel also averaged $1.1434, down 1.5 cents.
Cash butter closed Friday at $1.29, up a half-cent on the week, but 40 1/4-cents below a year ago. 42 cars were sold. NASS butter averaged $1.1539, up a penny.
Cash Grade “A” and extra grade nonfat dry milk were bid up 3 cents this week, hitting 90 cents per pound. The CME’s Daily Dairy Report credits tightening milk supplies in the West where the majority of the powder is dried. No government price support purchases of powder are expected for the foreseeable future, according to DDR. Some sales have even been canceled.
Provided courtesy of Dairyline.
Dairyline Markets In Review
Dairy Markets Week in Review
Temperatures are up, milk production is down, and dairy product prices are rising, although the rebound has been reluctant in cheese. Cash block started the week jumping 3 3/4-cents but relapsed some and closed the first Friday in August at $1.1950 per pound, up 3 1/4-cents on the week, but still 20 3/4 cents below that week a year ago. Barrel closed Friday at $1.16, up 4 cents on the week, but 22 cents below a year ago. Sixteen cars of block traded hands this week and two of barrel. Meanwhile, the NASS-surveyed U.S. average block price hit $1.1530, down 0.2 cent. Barrel averaged $1.1285, down 1.9 cents.
Cash butter closed Friday at $1.2850, up 8 1/2-cents on the week, but 44 1/2 cents below a year ago when butter jumped 14 cents to $1.73. Twenty eight cars were sold this week. NASS butter averaged $1.1428, up 1.5 cents.
Provided courtesy of Dairyline.
Dairyline Markets In Review
Dairy Markets Week in Review
The cash dairy markets saw some strength the week of July 24. Block cheese finished Friday at $1.1625 per pound, up a quarter-cent on the week, but 22 3/4-cents below that week a year ago. Barrel closed Friday at $1.12, up a half-cent on the week, but 24 1/2 cents below a year ago. Sixteen cars of block traded hands on the week and 12 of barrel. The NASS surveyed U.S.
average block price slipped to $1.1552, down 0.3 cent. Barrel averaged $1.1478, down 1.9 cents.
Butter closed Friday at $1.20, up 4 3/4-cents on the week, but 39 cents below a year ago. 24 cars were sold. NASS butter averaged $1.1272, up 0.1 cent.
Provided courtesy of Dairyline.
Dairyline Markets In Review
Dairy Markets Week in Review
Cash block cheese ended the week at $1.16 per pound, unchanged from last week, but 28 1/4-cents below a year ago. That’s when block and barrel both dropped 10 3/4-cents. Barrel closed Friday at $1.1150, down a half-cent on the week, and 28 3/4 cents below a year ago. Eleven cars of block were sold this week and 10 of barrel. The NASS-surveyed U.S. average block price slipped to $1.1623, down 1.6 cents. Barrel averaged $1.1670, down 0.4 cent.
Butter closed the week at $1.1525, up three quarter cents, but 43 3/4-cents below a year ago. 19 cars sold. NASS butter averaged $1.1267, down 0.2 cent.
Provided courtesy of Dairyline.
Dairyline Markets In Review
Dairy Markets Week in Review
Dairy prices remain weak. Block cheese at the Chicago Mercantile Exchange closed Friday at $1.16 per pound, unchanged on the week, but 39 cents below a year ago. Barrel closed at $1.12, down 3 cents, and 39 cents below a year ago. Five cars of each traded hands on the week. The NASS U.S. average block price fell to $1.1789, down 1.1 cents. Barrel averaged $1.1725, down 1.6 cents.
Butter closed at $1.1450, down three-quarter cents on the week, and 49 1/2-cents below a year ago. Three cars were sold. The NASS butter price averaged $1.1291, down 0.4 cent.
Provided courtesy of Dairyline.
Dairyline Markets In Review
Dairy Markets Week in Review
The cash dairy market saw continued weakness in the holiday-shortened week. Block cheese closed Friday at $1.16 per pound, down 1 1/4-cents on the week, and 39 cents below a year ago. Barrel closed Friday at $1.15, down 1 1/2-cents on the week, and 35 3/4-cents below a year ago. Eight cars of block traded hands on the week and none of barrel. The NASS-surveyed U.S. average block price lost a penny, slipping to $1.1902. Barrel averaged $1.1886, down 1.4 cents. Butter closed Friday at $1.1525, up a quarter-cent on the week, but 48 cents below a year ago. Only two cars were sold. NASS butter averaged $1.1254, down 2.3 cents. There were no price support purchases this week.
Provided courtesy of Dairyline.