Block cheese price declined 5.75 cents closing at $1.57 with 4 loads trading Barrel cheese price remained unchanged at $1.50 with 6 loads traded. There is concern that the closest bid for 2 loads was posted for barrels down at $1.40. Many times, this indicates where the market might go as there are no interested buyers in between. Business was done Wednesday, but at a steady price. The weakness of blocks could put pressure on barrels. Butter price slipped 0.75 cent ending at $1.28 with one load traded. Grade A nonfat dry milk price declined a penny to $1.12 with 6 loads traded. Dry whey price remained unchanged at 54 cents with no loads traded. Class III futures are 10 cents lower to one cent higher. Class IV futures have not yet traded. Butter futures are steady to 0.50 cent lower. Dry whey futures are 0.13 cent to 0.60 cent lower.
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