Block cheese price was on a little bit of a roller coaster Monday with price first increasing, then slipping back before gaining further strength to close 2.75 cents higher at $1.7475 with 7 loads traded. More loads were traded Monday than all of last week. Barrel cheese price increased 1.75 cents closing at $1.48 with no loads traded. Butter price increased 1.75 cents closing at $1.7925 with one load traded. Grade A nonfat dry milk price increased 0.50 cent ending at $1.1750 with one load traded. Dry whey price remained unchanged at 62.75 cents. Class III milk futures are mixed, but mostly higher. Contracts range from 13 cents lower to 21 cents higher. Class IV futures are have not yet traded. Butter futures are 1.67 cents to 4.00 cents higher. Dry whey futures are 0.005 cent lower to 1.30 cents higher. Futures are moving on more of a calculated basis rather than with emotional swings.
