Block cheese price remained unchanged at $1.5050 with no loads traded. Barrel cheese price increased 0.25 cent, closing at $1.5925 with no loads traded. Butter price declined 1.50 cents, closing at $1.70 with nine loads traded. Grade A nonfat dry milk price declined 3.50 cents, ending at $1.26 with no loads traded. This is the lowest nonfat pride since April 23. Dry whey price remained unchanged 60.25 cents with no loads traded. This provided little price direction for Class III futures with contracts 5 cents lower to 6 cents higher. Class IV futures are 35 cents lower to 2 cents higher. Butter futures are 0.25 to 2.72 cents lower. Dry whey futures are 0.50 cent lower to 0.35 cent higher. USDA will release the May Federal Order class prices Thursday.
