Block cheese price was down 2 cents at $1.775 with 5 loads traded. Barrel cheese price was down 1 cent at $1.79 with 10 loads traded. Butter price was down 5.25 cents at $1.74 with 8 loads traded. Grade A nonfat dry milk price was up 1.25 cents at $1.2525 with 2 loads traded. Dry whey price was down 2.25 cents at 66.00 cents with 1 load traded. April Class III futures are unchanged at $17.65. Class IV futures have not yet traded.
Late Wednesday afternoon, the USDA released their March Milk Production reports showing milk production in the 24 major States during March totaled 18.8 billion pounds, up 2.0% from March 2020. February revised production, at 16.9 billion pounds, was down 1.1% from February 2020. However, production was 2.5% above last year after adjusting for the leap year. The February revision represented an increase of 36 million pounds or 0.2% from last month's preliminary production estimate.
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