Dairy Markets Week in Review Cash block cheese ended the final week of January at $1.3325 per pound, down 1 1/2 cents on the week, but 9 1/4 cents above that week a year ago. Barrel closed Friday at $1.3750, up a penny on the week, and 16 1/2 cents above a year ago. 2 cars of block traded hands … Read More
Wisconsin Speaks Out on NMPF Proposal
Wisconsin dairy producers have their state’s congressional delegation reaching out to the USDA on their behalf. Three members of Wisconsin’s Congressional delegation are calling on U.S. Agriculture Secretary Mike Johanns to reject changes to the federal milk marketing orders being considered by the USDA that could hurt the prices that Wisconsin dairy farmers receive. Congressman Dave Obey, along with Senators … Read More
Kick Back with a Yogurt
Drinkable yogurt is popular among the younger set — I haven’t seen too many ‘older’ folks kicking back with a Go’gurt! But, drinkable yogurt is the fastest growing food category in the world – wow! Annual sales of drinkable yogurt rose 18.4 percent to $7.76 billion from mid-2005 to mid-2006, according to a survey by market research company AC Nielsen … Read More
Dairyline Markets In Review
Dairy Markets Week in Review The cash markets saw little that it didn’t already know in the data. Block cheese closed the week at $1.3475 per pound, up 6 cents, and 11 cents above that week a year ago when the blocks plunged 11 1/4 cents. Barrel closed Friday at $1.3650, up 5 3/4-cents on the week, and 15 1/2 … Read More
2007 to be a Better Year
It’s always heartening to hear about stronger milk prices for our producers. Click here to read the entire story. Higher feed prices will be partially offset by higher milk prices. The U.S. dairy herd is expected to decline modestly from 9,115 million in 2006 to 9,040 million in 2007. Recent dairy cow slaughter has been above a year earlier. Some … Read More
Dairyline Markets In Review
Dairy Markets Week in Review
The cash dairy markets weakened in the shortened Martin Luther King Day week. Block cheese closed Friday at $1.2875 per pound, down 2 cents on the week, and 6 1/4 cents below that week a year ago. Barrel closed at $1.3075, down 2 1/4-cents on the week, and a quarter-cent below a year ago. Thirteen cars of block traded hands on the week and five of barrel. The latest NASS block price average hit $1.3202, up 0.5 cent. Barrel averaged $1.3136, up 1.7 cents.
Butter closed the week at $1.2250, down a half cent on the week, and 11 1/2-cents below a year ago. Only four carloads were traded. NASS butter averaged $1.1901, down 0.1 cent. NASS nonfat dry milk averaged $1.0457, down 0.1 cent. Dry whey averaged a record high 46.98 cents, up 3.3 cents.
Provided courtesy of Dairyline.
Dairyline Markets In Review
Dairy Markets Week in Review
The first week of trading in 2007 was a short one. The markets were closed for the New Year’s holiday on Monday and remained closed Tuesday in honor of the passing of President Gerald Ford.
Cash block cheese closed Friday at $1.34 per pound, up a penny on the week, but 2 3/4-cents below that week a year ago. Barrel finished at $1.3450, up 5 1/2-cents on the week, and a half cent above a year ago. Two cars of block traded hands on the week and three of barrel. The NASS surveyed U.S. average block price fell to $1.3039, down 0.9 cent. Barrel averaged $1.2990, up 0.3 cent.
Cash butter closed at $1.20, unchanged on the week, but 20 cents below a year ago. Three cars were sold. NASS butter averaged $1.2085, down 3.1 cents. NASS nonfat dry milk averaged $1.0072, down 3.3 cents. Dry whey averaged 41.62 cent, up 0.2 cent on the week.
Provided courtesy of Dairyline.
Price of NY Gallon Rises
Here’s an important article for you to see. When the price of a gallon of milk rises, it usually causes an uproar. I think consumers forget that dairy producers are producing a nutritionally superior product at a relatively low cost (compared to say, a gallon of soda). Shoppers throughout the state will be forced to pay at least $3.14 for … Read More
Dairyline Markets In Review
Dairy Markets Week in Review
The cash cheese market was on pause for the most part, the last week of 2006. Block closed the week and the year at $1.33 per pound, up a half-cent on the week, but 3 3/4-cents below that week a year ago when it lost 6 1/4-cents. Barrel closed 2006 at $1.29, unchanged on the week, but a nickel below a year ago when it dropped 6 cents. Only two cars of block and two of barrel traded hands on the week. The latest NASS-surveyed U.S. average block price fell to $1.3132, down 2.5 cents. Barrel averaged $1.2956, down 2.9 cents.
Butter closed Friday and the year at $1.20, down 3 cents on the week, and 14 1/2-cents below a year ago. Four cars were sold on the week. NASS butter averaged $1.2397, down 0.2 cent. NASS nonfat dry milk averaged $1.04 per pound, up 2.4 cents, and dry whey averaged 41.42 cents, up 0.4 cent.
Provided courtesy of Dairyline.
Class I Price
The Class I price will begin the New Year at $13.59, according to last Friday’s announcement of the January Class I price. That’s a $1.16 gain versus December and 21 cents higher than the January 2006 price. The price hike means the January Milk Income Loss Contract payment will be just three cents per hundredweight, which is about 40 cents … Read More