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Dairy Product Markets Mostly Weaker
WASHINGTON - Jan 11/08 - SNS -- Dairy product markets in the United States were mainly weaker during the seven days ending January 5, according to today's USDA report on the sector.
Cheddar Cheese prices realized for US 40 pound Blocks averaged $1.98 per pound. The price per pound advanced $1.98 from the previous week. The price for US 500 pound Barrels adjusted to 38% moisture averaged $1.99 per pound, down 2.8 cents from last week.
United States Dairy Product Market Summary
--------------------------------------------------------------------------------
: Week Ending
Style and Region :-----------------------------------------------------------
: Jan 5, : Dec 29, : Dec 22, : Dec 15, : Dec 8,
: 2008 : 2007 : 2007 : 2007 : 2007
--------------------------------------------------------------------------------
: Dol./Lb.
Cheddar Cheese :
40 Lb. Blocks : 1.9803 *1.9891 2.0840 2.1402 2.1297
500 Lb. Barrels : 2.0998 2.1257 2.2002 2.2327 2.1923
38% Moisture : 1.9902 2.0186 2.0951 2.1186 2.0777
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1/ Revised.
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