Weekly Dairy Market Wrap 10-7-11

October 7, 2011 07:48 AM

Robin Schmahl, hedge and marketing specialist with AgDairy, said spreads between block and barrel cheese inverted this week. Butter was up a penny. A government report released this week said, surprisingly, butter production is up 31% from a year ago. The index for Global Frontier Auction was down 1.6%. There is continued weakness in the global markets. Next week, expect continued strength.


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