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Dairy Markets Week in Review
Block cheese closed today at $1.3250 per pound, up a half-cent on the week, but 10 1/2-cents below a year ago. Barrel closed at $1.29, unchanged on the week, but 11 cents below a year ago. Nothing traded all week. The latest NASS-surveyed block price dropped to $1.3384, down 4.2 cents. Barrel averaged $1.3247, down 6.5 cents. The cheese market is pretty balanced although holiday school closings are sending more milk into manufacturing. That is helping the tightness in cheese but the strong powder price is drawing milk into the dryers and churns.

Butter closed Friday at $1.23 per pound, down 2 1/2-cents on the week, and 10 1/2-cents below a year ago. Thirteen cars were sold. NASS butter averaged $1.2418, down 0.4 cent. Cash Grade A nonfat dry milk dropped a dime, to $1.55, while Extra Grade remained at $1.45. The NASS nonfat dry milk price averaged $1.0160, down 1.3 cents, and dry whey averaged 41.01 cents, up 0.9 cent.

Provided courtesy of Dairyline.

Dairy Markets Week in Review
The cash dairy markets were pretty quiet the week of December 11. Block cheese closed the week at $1.32, unchanged on the week and 11 cents below that week a year ago. Barrel closed at $1.29, up a penny on the week, but 10 3/4-cents below a year ago. Five cars of block traded hands and six of barrel. The latest NASS-surveyed U.S. average block price hit $1.3808, up 0.7 cents. Barrel averaged $1.3898, down 2.7 cents.

Cash butter finished at $1.2550, up a half-cent on the week, but 10 1/4-cents below a year ago. 13 cars were sold. The NASS butter price averaged $1.2381, down 2.6 cents. Nonfat dry milk hit $1.0291, up 1.2 cents, and dry whey averaged 40.07 cents, down 0.1 cent.

Provided courtesy of Dairyline.

Dairy Markets Week in Review
Cash dairy product prices remain depressed. Block cheese closed Friday at $1.32 per pound, unchanged on the week, but 11 1/2-cents below a year ago. Barrel closed at $1.28, down 2 cents on the week, and also 11 1/2-cents below a year ago. Nine cars of block traded hands on the week and five of barrel. The latest NASS-surveyed U.S. average block price hit $1.3737, up 2.7 cents. Barrel averaged $1.4170, up 2.2 cents.

Butter closed Friday at $1.25, down 2 3/4-cents on the week, 12 cents below a year ago, and the lowest price since late July. 35 cars were sold. Extra Grade nonfat dry milk hit $1.45, up a nickel on the week, while Grade A remained at $1.65. The NASS butter price averaged $1.2644, down 0.6 cent. Nonfat dry milk hit $1.0167, up 1.9 cents, and dry whey averaged 40.13 cents, up 2.6 cents.

Provided courtesy of Dairyline.

Dairy Markets Week in Review
The cash cheese market finished the last week of November with a down turn. The block price closed December 1, at $1.32 per pound, down 6 1/4-cents on the week, and 9 3/4-cents below a year ago. Barrel closed at $1.30, down 12 3/4-cents on the week, and 8 3/4-cents below a year ago. Sixteen cars of block traded hands and 10 of barrel. The latest NASS-surveyed U.S. average block price hit $1.3467, up 6.1 cents. Barrel averaged $1.3949, up 6.1 cents.

Butter closed at $1.2775, down a quarter cent on the week, and 9 3/4-cents below a year ago. Eleven cars sold. NASS butter averaged $1.2703, down 1.5 cents.

Provided courtesy of Dairyline.

Dairy Markets Week in Review
The dairy markets viewed the Milk Production report as bearish. Block cheese closed the Thanksgiving holiday shortened week at $1.3825 per pound, down 4 1/2-cents on the week, and dead even with a year ago.

Butter closed Wednesday at $1.28, down 1 3/4-cents on the week, and 12 cents below a year ago. Only six cars were sold all week.

Provided courtesy of Dairyline.

Dairy Markets Week in Review
The cash cheese price continued to climb the second week of November, driven primarily by demand for fresh cheese. Block closed Friday at a year-high $1.4275 per pound, up 2 3/4-cents on the week, and 5 1/2-cents above a year ago. Barrel finished at $1.44, up 4 cents on the week, and 9 3/4-cents above a year ago. Nine cars of block were sold on the week and 22 of barrel. The NASS U.S. average block price hit $1.2532, up 2.3 cents. Barrel averaged $1.2874, up 2.8 cents.

Butter closed at $1.2975 down 3 1/4-cents on the week, and 14 3/4-cents below a year ago. 27 cars were sold on the week. NASS butter averaged $1.2642, up 0.4 cent. Cash Extra Grade nonfat dry milk closed at $1.30 per pound, up a dime on the week. Grade A was unchanged, holding at $1.65.

Provided courtesy of Dairyline.

Dairy Markets Week in Review The cash dairy market continued its roller coaster performance the week of November 6, this time on the upswing. Block cheese dropped to $1.29 on Monday but then recovered and closed Friday at a year high $1.40 per pound, up 8 1/4-cents on the week, and 3 cents above that week a year ago. Barrel … Read More