Category Archive

Dairy Markets Week in Review Cash block cheese closed the Martin Luther King Day-holiday shortened week up a half-cent to $1.0750 per pound, but 57 1/2-cents below a year ago. Barrel closed at $1.10, up a penny on the week but 65 cents below a year ago. Twenty one cars of block traded hands and one of barrel. The NASS … Read More

Dairy Markets Week in Review Cash cheese saw some ups and downs the second week of 2009 as it awaited Friday afternoon’s release of preliminary December milk production data and got word that the European Union is restarting its dairy export subsidies, something that will surely have repercussions on the world dairy market. The CME block price inched higher on … Read More

Dairy Markets Week in Review Cash cheese prices have fallen below the government support level but ended the first full week of 2009 on an up note. The block price saw 17 consecutive trading sessions of loss before the bleeding stopped and rebounded 3 1/4-cents Friday, to close at $1.0725 per pound, down 6 cents on the week and 77 … Read More

Dairy Markets Week in Review Happy New Year! All eyes are on cheese prices where blocks plunged to the government support level Wednesday, closing the New Year’s holiday week at $1.1325 per pound, down 13 3/4-cents on the week, $1.02 below that week a year ago, and the lowest block price since March 2006. Barrel closed at $1.13, down 17 … Read More

Dairy Markets Week in Review Cash cheese prices continued their descent Christmas Week, with block closing the shortened week at $1.27 per pound, down 3 1/4-cents on the week, 76 cents below a year ago, and just 14 cents above the government support price. Barrel closed Wednesday at $1.3075, down 4 3/4-cents on the week, 67 1/4-cents below a year … Read More

Dairy Markets Week in Review The hemorrhaging continues in the cash cheese market where 40-pound block closed Friday at $1.3025 per pound, down 21 cents on the week and 64 3/4-cents below a year ago. The blocks have lost 50 cents in three weeks. The 500-pound barrels closed at $1.3550, down 16 3/4-cents on the week and 54 1/2-cents below … Read More

Dairy Markets Week in Review The cash dairy markets crashed this week. Block cheese closed at $1.5125 per pound, down 27 3/4-cents on the week, 41 3/4-cents below a year ago when the blocks plunged 26 1/4-cents, and is at the lowest level since April 2007. Barrel closed Friday at $1.5225, down 22 1/2-cents on the week, and 47 1/2 … Read More

Dairy Markets Week in Review The cash dairy markets continue to garner a lot of attention, particularly butter. The 40-pound block cheese price closed the first Friday of December at $1.79 per pound, down 1 1/4-cents on the week, and 40 1/4-cents below that week a year ago. The 500-pound barrel price closed at $1.7475, down 4 1/4-cents on the … Read More

Dairy Markets Week in Review Cash cheese prices continued to inch higher on unfilled bids Thanksgiving Day week while butter continued to head south. The 40-pound block price closed the holiday-shortened week at $1.8025 per pound, up 3 1/4-cents on the week, but 20 3/4-cents below that week a year ago when the blocks plunged 19 cents only to rebound … Read More

Dairy Markets Week in Review The CME cash cheese market was bid higher the week before Thanksgiving. Block closed Friday morning at $1.77 per pound, up 5 1/4-cents on the week but still 43 cents below a year ago when it hit $2.20. Barrel closed at $1.74, up 4 1/2-cents on the week, but 34 cents below a year ago. … Read More