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
Dairyline Markets In Review
Dairy Markets Week in Review Cash dairy prices were mixed in the Martin Luther King Day holiday shortened week. Block cheese closed Friday at $1.48 per pound, up 6 1/2-cents on the week and 40 1/2-cents above a year ago. Barrel closed at $1.5050, up 4 cents on the week, and 40 1/2-cents above a year ago. Four cars of … Read More
Dairyline Markets In Review
Dairy Markets Week in Review All eyes are on the cash dairy markets as three weeks of declines in block cheese came to an end and the butter market started to heat up. The second full week of 2010 saw the block price close at $1.4150 per pound, up a half-cent on the week, and 34 1/2-cents above that week … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The first week of trading in 2010 saw cash block cheese fall to $1.41 per pound, down 4 cents on the week but 33 3/4-cents above a year ago. The blocks have lost 29 1/4-cents in the last three weeks. The barrels closed the first Friday of 2010 at $1.4325, up a quarter-cent on the … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cash cheese prices at the Chicago Mercantile Exchange ended the year on a down note and corrected the unusually large price spread, but prices are sharply above those a year ago. The block price closed New Year’s Eve at $1.45 per pound, down 11 3/4-cents on the holiday shortened week, but a whopping 31 3/4-cents … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Block cheese closed the shortened holiday week at $1.5675 per pound, down 13 1/2-cents on the week, but 29 3/4-cents above that week a year ago. Barrel closed Thursday at $1.44, unchanged on the week, 13 1/4-cents above a year ago, and 12 3/4-cents below the blocks. Twenty seven cars of block traded hands on … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Industry eyes are on the large price spread which grew this week between Chicago Mercantile Exchange block and barrel cheese. It is the longest lived spread ever and is hurting barrel manufacturers particularly. The blocks closed the third week of December at $1.7025 per pound, up a quarter-cent on the week, and 40 cents above … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The cash cheese market showed more strength during the shortened Thanksgiving week. The blocks gained five cents, to close at $1.65 per pound, but that’s still 15 1/4-cents below a year ago. Barrels gained a penny, to close at $1.51, 28-cents below a year ago and 14 cents below the blocks. Three cars of block … Read More
Dairy Markets Week in Review
Dairy Markets Week in Review The cash dairy markets showed little reaction to the milk production data which appeared bullish; but concern over the October Cold Storage report, may have kept the markets from moving much, though block cheese gained almost 2 cents Friday morning and the barrels jumped 5 3/4 cents. Block cheese closed the third Friday of November … Read More