date:May 17, 2013
ril 13 when cheddar blocks averaged $1.69 a lb, block prices have been moving higher each week, the U.S.D.A. said.
The price of US 500 lb barrels adjusted to 38% moisture averaged $1.74 a lb as of May 11, down 2.1c from the previous week. The most current price reflects a decline from the recent high of $1.78 a lb posted on April 27, 2013.
Dry whey was only slightly lower in the latest week, the U.S.D.A. said. Supplies that met U.S.D.A. Extra Grade standards averaged 57.8c in the latest week,