08/02/2019 Spot cheese gave up some ground this week, settling at an average $1.76/lb. Blocks seem somewhat well supported with underlying bids in most sessions and just 3 trades, but barrel offers helped widen the […]
07/26/2019 Considering it was a “data heavy” week with several important reports released, from a trading perspective, it was quiet, with lighter volume in spot and most dairy futures little changed when the dust settled […]
07/19/2019 Class III and cheese futures ignored the weekly decline in spot block and barrel prices, finishing solidly higher. Dry whey also continued to carve out a bottom and was higher in both spot and […]
07/12/2019 With the exception of butter, all spot Class III components finished lower this week. The block/barrel spread continued to narrow, reaching 4½¢, its tightest since early May. Offers appeared to have the advantage this […]
07/05/2019 In a holiday-shortened week, spot cheese gave up a penny to bring the block/barrel average to $1.81/lb. Cheese futures, on the other hand, bucked the trend and finished the week solidly higher. Spot Market […]
06/28/2019 Block cheese, barrel cheese and butter all made new multi-year highs in this week’s spot market. The block/barrel average settled at $1.82/lb, finally breaking above prior resistance near $1.78. The next level of resistance […]
06/21/2019 Spot cheese was the star again this week as blocks pushed in to new highs for the year and barrels came within a half cent of matching its 2019 high. The block/barrel average at […]
06/14/2019 Block cheese hit $1.80/lb for the first time since Feb 2017, before giving back some ground on Friday. Barrels were solidly higher, finishing the week up 7¢. That put the block/barrel average back above […]
06/07/2019 Block cheese continued to lead the way this week, reaching a price not seen since November 2017. With warmer weather now into much of the country and domestic demand seen as very good, it […]
05/31/2019 Block cheese gained 3¼¢ cents this week, settling at $1.71½, it’s highest level since March. Barrel cheese, however, gave up 4¢, keeping the block/barrel average about the same. Volume picked up post holiday, with […]