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U.S. and EU dairy prices mostly up, while New Zealand is mostly down

Dairy prices for the week were up in the European Union and the U.S., but down in New Zealand except for Class Four milk and skim milk powder.

Analysts at Vault Dairy say skim milk powder prices went up nine-tenths of a percent in the U.S., 2.9% in the EU, and 3.2% in New Zealand.  Prices ranged from $1.16 a pound in America to $1.24 in New Zealand.

Cheese sold for an average of $2.03 a pound in the U.S. and $1.57 a pound in the European Union, but fells eight-tenths of a percent to $1.65 a pound in New Zealand.

Butter averaged $2.12 a pound in America and $1.82 in the EU and fell almost half a percent to $1.81 in New Zealand.