Dairy Markets Week in Review The cash block cheese market continued to weaken the second week of June and closed Friday at $2.04 per pound, down 12 cents on the week, and just 4 cents above a year ago. Barrel closed at $2.15, unchanged on the week, 10 cents above a year ago, and 11 cents above the blocks. Sixteen … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The cash block cheese price lost another 7 cents this week, closing Friday at $2.16 per pound, still 18 3/4-cents above that week a year ago. Barrel closed at $2.15, down a nickel on the week but 22 cents above a year ago. Six cars of block traded hands on the week and four of … Read More
CWT Announces Herd Retirement – updated with audio
Cooperatives Working Together has announced the fifth round of herd retirements. Starting June 3, bids will be accepted through June 30. New to this round of bidding is the option for producers to include all their bred heifers, for a flat fee of $1,050 per animal; and the exclusion of regional safeguard limits. “All of the economic indicators and benchmarks … Read More
Dairyline Markets in Review
Dairy Markets Week in Review Cash dairy prices were the center of attention in the shortened Memorial Day week as the industry awaited the arrival of June Dairy Month and the burst in the cheese price bubble which came Thursday. Blocks fell 7 1/2-cents, ending almost 14 consecutive gains, but recovered 2 cents on Friday, to close at $2.23 per … Read More
Dairyline Markets in Review
Dairy Markets Week in Review The block cheese price hit a record high $2.2850 per pound on Friday the highest it’s been since November 2007, up 20 1/2-cents on the week and 48 1/4-cents above that week a year ago. Barrel closed at $2.25, up 22 cents on the week and 45 cents above a year ago. Only three cars … Read More
Downer Ban Likely to Take Effect
The USDA has proposed to ban all downer cattle from slaughterhouses in the country, a policy that could take effect before the summer’s end. The move by Agriculture Secretary Ed Schafer is an effort to boost public confidence in the safety of the nation’s food supply. The proposal, which could take effect within a few months, follows the largest beef … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Block cheese topped $2.00 for the sixth time in a year and closed Friday $2.08 per pound, up 8 1/4-cents on the week, 37 cents above that week a year ago, and the highest it’s been since late February. Barrel closed at $2.03, up a nickel on the week and 34 cents above a year … Read More
Dairyline Markets in Review
Dairy Markets Week in Review The cash butter market saw 17 consecutive sessions of gain and closed Friday (May 9th), at $1.47 per pound, up 3 cents on the week but 2 cents below a year ago. Two cars traded hands. The lagging NASS-surveyed butter price averaged $1.3683, up 0.2 cent. NASS nonfat dry milk averaged $1.2759, up 1.4 cents, … Read More
Dairyline Markets In Review
Dairy Markets Week in Review This week was the sixth consecutive gain for cash cheese prices. Blocks climbed to $1.96 but inched back 2 cents on Friday to close at $1.94 per pound, up 1 1/2-cents on the week and 23 3/4-cents above that week a year ago when the blocks jumped 15 1/4-cents. Barrel closed Friday at $1.93, up … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Block cheese closed this week at $1.9250 per pound, up 2 cents on the week and 37 1/2-cents above that week a year ago. Barrel closed at $1.88, up 4 cents on the week and 38 1/2-cents above a year ago. Five cars of block traded hands on the week and none of barrel. The … Read More