Spot cheese prices started the week off with an increase. CME blocks lifted to $1.8750 per pound, up a penny, with four lots traded. Barrels rose to $1.9250 per pound, tacking on $0.0125, with two loads exchanged. Meanwhile, butter prices held steady at $3.0750 per pound with six lots sold.
New Zealand started its 2024-2025 production season on weak footing. June milk production declined 2.2% on a milk solid basis and -1.1% on a tonnage basis.
By EVER. AG
July 22, 2024
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