Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review

Cash block cheese ended the week at $1.16 per pound, unchanged from last week, but 28 1/4-cents below a year ago. That’s when block and barrel both dropped 10 3/4-cents. Barrel closed Friday at $1.1150, down a half-cent on the week, and 28 3/4 cents below a year ago. Eleven cars of block were sold this week and 10 of barrel. The NASS-surveyed U.S. average block price slipped to $1.1623, down 1.6 cents. Barrel averaged $1.1670, down 0.4 cent.

Butter closed the week at $1.1525, up three quarter cents, but 43 3/4-cents below a year ago. 19 cars sold. NASS butter averaged $1.1267, down 0.2 cent.

Provided courtesy of Dairyline.

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review

Dairy prices remain weak. Block cheese at the Chicago Mercantile Exchange closed Friday at $1.16 per pound, unchanged on the week, but 39 cents below a year ago. Barrel closed at $1.12, down 3 cents, and 39 cents below a year ago. Five cars of each traded hands on the week. The NASS U.S. average block price fell to $1.1789, down 1.1 cents. Barrel averaged $1.1725, down 1.6 cents.

Butter closed at $1.1450, down three-quarter cents on the week, and 49 1/2-cents below a year ago. Three cars were sold. The NASS butter price averaged $1.1291, down 0.4 cent.

Provided courtesy of Dairyline.

Dairyline Markets In Review

Chuck ZimmermanDairyline, Markets

DairylineDairy Markets Week in Review

The cash dairy market saw continued weakness in the holiday-shortened week. Block cheese closed Friday at $1.16 per pound, down 1 1/4-cents on the week, and 39 cents below a year ago. Barrel closed Friday at $1.15, down 1 1/2-cents on the week, and 35 3/4-cents below a year ago. Eight cars of block traded hands on the week and none of barrel. The NASS-surveyed U.S. average block price lost a penny, slipping to $1.1902. Barrel averaged $1.1886, down 1.4 cents. Butter closed Friday at $1.1525, up a quarter-cent on the week, but 48 cents below a year ago. Only two cars were sold. NASS butter averaged $1.1254, down 2.3 cents. There were no price support purchases this week.

Provided courtesy of Dairyline.

Production Continues to Expand

Andy VanceDairy Business, Government, Markets, Milk, Production

Milk production totals continue to climb as they have each month this year. USDA reports that for the 23 major dairy states, total output is up 2.8% for the month of May over the same month in 2005. Production of 14.7 billion pounds is also 3.5% above the April 2006 figure.