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Dairy Product Markets Generally Weaker
WASHINGTON - Nov 9/07 - SNS -- Dairy product markets in the United States were mostly down over the week finishing November 3, reveals today's USDA update.
Cheddar Cheese prices paid for US 40 pound Blocks averaged $1.87 per pound. The price per pound fell 0.6 cents compared to the previous week. The price for US 500 pound Barrels adjusted to 38% moisture averaged $1.91 per pound, up 0.7 cents compared to the previous week.
United States Dairy Product Market Summary
--------------------------------------------------------------------------------
: Week Ending
Style and Region :-----------------------------------------------------------
: Nov 3, : Oct 27, : Oct 20, : Oct 13, : Oct 6,
: 2007 : 2007 : 2007 : 2007 : 2007
--------------------------------------------------------------------------------
: Dol./Lb.
Cheddar Cheese :
40 Lb. Blocks : 1.8660 1.8720 *1.8710 1.8968 *1.9495
500 Lb. Barrels : 2.0064 2.0030 *1.9993 2.0310 *2.0514
38% Moisture : 1.9098 1.9028 1.8996 1.9257 *1.9428
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1/ Revised.
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