Dairy Markets Week in Review The block cheese price closed Friday at $1.18 per pound, up a penny on the week but 74 1/2-cents below a year ago. Barrel closed at $1.1075, down a quarter-cent on the week, and 77 1/4-cents below a year ago. Twenty nine cars of block traded hands on the week and 13 of barrel. The … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cheese prices continue to weaken, further discouraging farmers whose milk check hinges on those prices. The 40-pound block price closed Friday at the Chicago Mercantile Exchange at $1.17 per pound, down 6 1/2-cents on the week and 73 1/2-cents below that week a year ago. The 500-pound barrels closed at $1.11, down 6 cents on … Read More
Vermont Cheesemaker to Pay Local Dairy Farmers Extra Premiums
The Grafton Village Cheese Co. is showing its support of local dairy farmers by paying them a special premium to help with the record low milk prices they are experiencing. Grafton Village Cheese will pay farmers an additional premium based on the butterfat, protein and somatic cell content of the milk, according to a press release announcing the new policy. … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The cash dairy markets were mixed in the Good Friday holiday shortened week. Block cheese closed Thursday at $1.2350 per pound, down 4 1/2-cents on the week, and 60 cents below a year ago. Barrel closed at $1.17, down 9 cents on the week and 58 cents below a year ago. Twenty one cars of … Read More
Foremost Farms Sells Two of It's Brands
Foremost Farms USA, one of the largest dairy cooperatives in the nation, has sold its Golden Guernsey and Morning Glory milk bottling plants in Waukesha and De Pere, Wis. to Dean Foods Co., a Dallas-based food and beverage distributor. The plants, employing 282 people, will continue operating and buying milk from area dairy farmers, according to Foremost Farms. The sale … Read More
ERS Predicts Milk Price May Raise Slightly
A small ray of sunshine for our country’s dairy farmers – the USDA’s Economic Research Service (ERS) has raised its predictions for milk prices. In its March “Livestock, Dairy and Poultry Outlook” report, ERS economists write, “As a result of higher cheese and butter prices than forecast earlier, the prices for Class III and Class IV milk have been raised … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The cash dairy markets saw little change the first week of April. Block cheese ended Friday at $1.28 per pound, down a penny on the week and 53 1/4-cents below a year ago. Barrel closed Friday at $1.26, down 3 3/4-cents on the week and 49 1/2-cents below a year ago. Seventeen cars of block … Read More
Retail Milk Prices Down
Retail milk prices have dropped, according to the latest American Farm Bureau Federation Marketbasket Survey. Shredded cheddar cheese, milk and vegetable oil showed the largest retail price declines and together account for most of the decrease in average price of the overall marketbasket. Shredded cheese dropped 70 cents to $4.24 per pound; milk dropped 67 cents to $3.15 per gallon; … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Hopes of a cheese price recovery suffered a setback early this week following a couple weeks of gains. However, Friday’s session ended on an up note with the block price closing at $1.29 per pound, after dipping to $1.25 on Wednesday. The Friday close was down a quarter-cent on the week and 52 cents below … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cash cheese prices continued to move higher early in the third week of March but ended on a down note. The block price crept up to $1.3050 but closed Friday at $1.2925 per pound, still 4 1/4-cents above the previous week, but 50 3/4-cents below that week a year ago. Barrel hit $1.37 on Thursday … Read More