Author: kdmadmin

05/22/2020 The price of block cheese in the spot market has nearly doubled in 30 days. On April 21st, blocks closed at $1.00¾/lb, but since then has skyrocketed 93¢ to this week’s close of $1.93¾/lb. […]

05/15/2020 Houston, we have lift off! The spot block/barrel average just made its largest one-week gain in history (as far as we can tell!), and the result was some equally historic volatility. Though bidders were […]

05/08/2020 Spot barrel buyers came to play this week, taking on 50 loads and moving prices up 8¢. Block and butter bidders weren’t able to secure as much product, but pushed prices up a dime. […]

05/01/2020 Has spot cheese put in a bottom? After being basically flat the past couple weeks, both blocks and barrels finished solidly higher, though volume was quite light. Butter and dry whey managed to pick […]

04/24/2020 While still historically low, spot cheese prices managed to turn the rudder and finish the week with a small gain on very light volume. However, all other spot components gave up ground, with butter […]

04/17/2020 Spot cheese prices were held firmly in check near the $1 level this week, and both butter and NDM gave up further ground. However, spot dry whey has been making a steady climb as […]

04/09/2020 Gas can be bought for 99¢/gal in some parts of the country, and apparently cheese can too, with a load of barrels trading under $1/lb during Thursday’s spot session. The block/barrel average pushed in […]

04/03/2020 If last week’s drop in spot prices was sensational, it was only working up momentum for this week. Cheese and butter prices were crushed back to levels not seen since the era of $9/cwt […]

03/27/2020 While there was pressure all week on spot butter and NDM prices, cheese managed to hang in there until Friday, when a good and proper puking was had. The block/barrel spread narrowed by 20¢, […]

03/20/2020 Mass school closings, social distancing and the dramatic reduction in the movement of people across the country were enough to accelerate another sell-off this week. Spot prices for all components were lower, with NDM […]