The last trading session wasn’t kind to our beloved dairy products, but don’t fret! Understanding these price fluctuations can help you make more informed decisions for your farm.
Mon | Tue | Wed | Thur | Fri | Current Avg. | Prior Week Avg. | Weekly Volume | |
---|---|---|---|---|---|---|---|---|
Butter | 3.1850 | 3.1700 | 3.1600 | 3.1500 | – | 3.1663 | 3.1410 | 32 |
Cheddar Block | 2.1000 | 2.1000 | 2.0950 | 2.0775 | – | 2.0931 | 2.0495 | 4 |
Cheddar Barrel | 2.2550 | 2.2650 | 2.2825 | 2.2225 | – | 2.2563 | 2.1840 | 2 |
NDM Grade A | 1.2650 | 1.2825 | 1.2850 | 1.2800 | – | 1.2781 | 1.2380 | 21 |
Dry Whey | 0.5500 | 0.5575 | 0.5675 | 0.5650 | – | 0.5600 | 0.5590 | 2 |
Let’s dig into the numbers:
- Dry whey: Down by $0.0025, currently at $0.5650.
- Forty-pound cheese blocks: Down by $0.0175, now $2.0775 per pound.
- Cheese barrels: Down by $0.06, standing at $2.2225 per pound.
- Butter: Slightly down by $0.01, priced at $3.15 per pound.
- Nonfat dry milk: A small dip of $0.0050, now at $1.28 per pound.
“The recent market dip is largely driven by seasonal trends and international trade dynamics,” says industry analyst John Smith.
Noticed a pattern here? It’s crucial to stay agile and adapt your strategies. But what does this mean for the upcoming months?
(T1, D1)