Block cheese price declined 2 cents closing at $1.51 with 1 load traded. There were no bids or offers remaining at the close of spot trading. Barrel cheese price declined 1.50 cents closing at $1.4250 with 2 loads traded with 2 unfilled bids remaining below the market. The trend in blocks has turned down looking for another level of support. Butter price remained unchanged with no loads traded. In fact, buyers and sellers did not show up looking to do any business. Grade A nonfat dry milk price declined 1.50 cents closing at $1.0950 with 7 loads traded. Dry whey price remained unchanged at 55 cents with no loads traded. Class III futures again turned from slightly higher to lower with most traded contracts posting double-digit losses. Futures are unchanged to 20 cents lower. Class IV futures are 12 cents lower. Butter futures are 0.15 cent to 2.00 cents lower. Dry whey futures are 0.25 cent lower to 0.43 cent higher. The adverse weather in parts of the nation may be having a bearish impact on dairy demand in the near term due to consumers not being able to get out to shop for groceries. This will change over the next few days.
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