Cheese prices started April on an upswing. The blocks closed Thursday at $1.43 per pound, up 10 1/2-cents on the Good Friday holiday shortened week, and 15 cents above a year ago and that’s no “April fools.” The barrels closed at $1.3750, up 6 1/4-cents on the week, and 11 1/2-cents above a year ago. Only two cars of each … Read More
Dairyline Markets in Review
Cash dairy prices remain a key focus among farmers, processors, bankers, and related industry suppliers and the news was good this week. The block cheese price gained 5 1/2-cents, closing at $1.3250 per pound, 3 1/2-cents above a year ago. Barrel closed Friday at $1.3125, up 4 3/4-cents on the week, and a penny and a half above a year … Read More
Dairyline Markets In Review
Dairyline Markets In Review The cash dairy markets were anticipating last Thursday’s milk production report. The block cheese price, after holding steady for five straight sessions, inched up a quarter-cent Friday, despite the milk production data, and closed at $1.27 per pound, up a quarter-cent on the week, but 2 1/4-cents below a year ago. Barrel closed at $1.2650, also … Read More
Dairyline Markets In Review
Dairyline Markets In Review Cheese prices continued to bleed the second week of March but may have hit bottom. Dairy Profit Weekly’s headline last week that 2010 optimism may have been premature may be hauntingly true. Cash block cheese closed Friday at the Chicago Mercantile Exchange at $1.2675 per pound, down 3 cents on the week, and just 1 3/4-cents … Read More
Dairyline Markets In Review
Dairyline Markets In Review Block cheese fell 4 1/4-cents the first week of March, closing Friday at $1.2975 per pound, but that’s still 9 3/4-cents above that week a year ago. Barrel closed at $1.25, down 4 cents on the week, but 3 cents above a year ago. Eight cars of block traded hands on the week and 34 of … Read More
Dairyline Markets In Review
Dairyline Markets In Review Cash cheese prices lost more ground in the final week of February. The blocks closed Friday at $1.34 per pound, down 7 1/4-cents on the week, but are still 16 1/2-cents above a year ago when the blocks plunged 13 1/2 cents, to $1.1750. Barrel cheese closed Friday at $1.29, down 8 3/4-cents on the week, … Read More
Dairyline Markets In Review
Dairyline Markets In Review Cash cheese prices headed south in the President’s Day holiday shortened week as the markets awaited Friday afternoon’s January Milk Production report. The blocks closed Friday morning at $1.4125 per pound, down 9 1/4-cents on the week, but still 10 1/4-cents above a year ago. The barrels closed at $1.3775, down 6 3/4-cents on the week, … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cash dairy prices have the full attention of farmers, bankers, and processors as the “recovery” appears to be slowing, even though cash block cheese closed the second week of February at $1.5050 per pound, up 1 1/4-cents on the week and 26 1/2-cents above that week a year ago. Barrel closed Friday at $1.4450, down … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The cash cheese market weakened the first week of February, sending shivers to farmers and their bankers. With Super Bowl demand behind us it remains to be seen what happens next. The cash block price closed the first Friday of February at $1.4925 per pound, down 2 1/4-cents on the week, but still 33 1/2-cents … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The cash market saw block cheese move higher for the third week in a row while butter and nonfat dry milk plunged the final week of January. Cash block cheese closed Friday at $1.5150 per pound, up 3 1/2-cents on the week and 36 1/2-cents above a year ago. Barrel closed at $1.5050, unchanged on … Read More