Block cheese price initially increased 0.25 cents before selling interest became more aggressive and buyers held back. The result was price closing a penny lower at $1.52 with 5 loads traded. Barrel cheese price moved higher throughout the session gaining 3.50 cents closing at $1.6150 with 9 loads traded. This divergence has kept Class III milk futures mixed with contracts ranging from 5 cents lower to 9 cents higher. Butter price remained unchanged at $1.82 with 2 loads traded. Price initially increased 1.50 cents before a trade took place and offers pushed price lower. Grade A nonfat dry milk price gained 0.50 cents closing at $1.3025 with 8 loads traded. Dry whey price increased 0.50 cent closing at 65.25 with one load traded. Class IV futures have not yet traded. Butter futures are 1.25 cents lower to 1.00 cent higher. Dry whey futures are 0.25 cent to 0.85 cent lower.
