Block cheese price increased a penny, closing at $1.65 with 10 loads traded. Barrel cheese price gained 3.50 cents, closing at $1.5425 with 4 loads traded. The positive aspect is , there has been good trading volume this week, yet prices have been able to increase. Unfilled bids for 4 loads of blocks remained at the close, indicating further upside could develop next week. Butter price declined 2.75 cents, closing at $1.42 with 1 load traded. This moves price to the lowest level since Dec. 1. Grade A nonfat dry milk price increased 0.25 cent, closing at $1.1425 with 1 load traded. Dry whey price declined 0.50 cent, ending at 46.25 with 1 load traded. Class III futures are 41 cents lower to 6 cents higher. February shows the greatest loss. Class IV futures have not yet traded. Butter futures are 1.25 cents lower to 0.80 cent higher. Dry whey futures are steady to 0.50 cent higher. The dairy market will close at 1:55 p.m. CST and will be closed Friday.
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