Both block and barrel cheese prices remained unchanged during spot trading Friday at $1.5750 and $1.39 respectively. There were no trades in either one. Only offers for two loads of blocks and a load of barrels were placed Friday. No buyers showed up looking to do any business. Butter price declined 2.25 cents closing at $1.2450 with no loads traded. Offers to sell 2 loads pushed price lower. This increased the idea that price may be headed for the low set in April 2020. Grade A nonfat dry milk price remained unchanged at $1.1725 with 8 loads traded. Dry whey price increased 0.50 cents closing at 53.50 cents with one load traded. Class III futures are 13 cents lower to 9 cents higher. Class IV futures are 16 cents lower to 6 cents higher. Butter futures are 1.00 cent to 3.75 cents lower. Dry whey futures are 0.10 cent lower to 0.32 cent higher. USDA will release the December Agricultural Prices and the Cattle Inventory report Friday.
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