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Hard to think that DairyAmerica is higher than NASS, which was listed at $1.31 per pound for the week ending June 25, 2010. However, there are some reports of NFDM being sold from sources in the East for $1.25 per pound.
To put that into context, prices out of NZ are $1.47 per pound.
For week ending 6/18 the California weighted average was $1.2888. That's the highest it's been in months. The NASS $1.31 would be welcome in California.
ReplyDeleteI hate it when I'm right. I speculated last week that after four consecutive weeks of the California price being above $1.25 on volume of 6 to 7 million pounds a week, the final week of the month would have a much higher sales volume and a much lower price so the monthly average would drop. Sure enough today the numbers for week ending 6/25 are out and lo and behold 26 million pounds at $1.1863. A nine cent drop.
ReplyDeleteSorry, correct that to $1.1963.
ReplyDelete