Block cheese price increased 2.75 cents closing at $1.5375 with 2 loads traded. Barrel cheese price declined 1.25 cents closing at $1.4125 with 13 loads traded. Price movement was rather slow until the final call period of trading at which time buyers become more aggressive in blocks as they wanted to purchase some cheese. Barrel trading became more active with price coming up 2 cents from its lows. The strength of blocks more than offset the decline of barrels, but it has had limited impact on Class III futures. Futures have come back from the lows but remain steady to 20 cents lower across the board. Butter resumed the uptrend after taking a breather yesterday. Price increased 5.50 cents closing at $1.55 with 5 loads traded. This moves butter price above cheese where it has not been for quite some time. Grade A nonfat dry milk price slipped 0.25 cent ending at $1.0925 with 2 loads traded. Dry whey price slipped 0.25 cent closing at 54.75 with no loads traded. Class IV futures are steady. Butter futures are steady to 3.35 cents higher. Dry whey futures are 0.28 cent to 0.85 cent lower.
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