Block cheese was the strong category during spot trading. Price increased 11.25 cents, closing at $1.8975 with no loads traded. There was no interest in selling as sellers stood back due to the aggressive buying interest. Price moved to the highest level it has been since Nov. 16. Barrel price gained 1.25 cents, closing at $1.6525 with 13 loads traded. Price moved to $1.6550 before the final load traded moved the price from its high. Butter price declined 4.50 cents, closing at $1.39 with 4 loads traded. This, along with barrels not being able to hold their high, took Class III futures off its highs. February was 88 cents higher at one point but is currently 42 cents higher. Class III futures are 6 cents lower to 42 cents higher. Grade A nonfat dry milk price increased 0.50 cent, ending at $1.1950 with 5 loads traded. This is the highest price since Feb. 19, 2020. Dry whey price gained 1.50 cents, closing at 50 cents with no loads traded. Class IV futures are 9 to 20 cents higher. Butter futures are 3 cents lower to 1 cent higher. Dry whey futures are 0.57 to 1.05 cent higher.
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