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MARKET OPINION - CHEESE REPORTER

Cheese Comment: On Monday, 1 car of blocks was sold on an offer at $1.2725, which lowered the price. Tuesday’s block market activity was limited to an uncovered offer of 1 car at $1.3000, which left the price unchanged. On Wednesday, 1 car of blocks was sold on an offer at $1.3000, which raised the price. One car of blocks was sold on an offer at $1.2700 on Thursday, lowering the price. Two cars of blocks were sold Friday, both on offers, the last at $1.2800, which raised the price. The barrel price fell Monday on an offer-based sale of 1 car at $1.2800, rose Tuesday on an unfilled bid for 1 car at $1.2900, increased Wednesday on sales of 6 cars at $1.3000, dropped Thursday on an offer-based sale of 1 car at $1.2700, and jumped Friday on bid-based sales of 4 cars at $1.3200.

Butter Comment: The butter price declined Monday on an offer-based sale of 1 car at $2.0475, rose Wednesday on an offer-based sale of 1 car at $2.0525, and fell Friday on an uncovered offer of 1 car at $2.0375.

NDM Comment: The price rose Monday on an bid-based sale of 1 car at 80.0 cents, fell Tuesday on offer-based sales of 15 cars at 79.5 cents, increased Wednesday on offer-based sales of 2 cars at 81.0 cents, and rose Friday on a bid-based sale.

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