Block cheese price remained unchanged at $1.5050 with no loads traded. Only an offer was posted at the steady price with no buyers to be found. Barrel cheese price declined 0.75 cent, closing at $1.6575 with no loads traded. Two offers were posted with no interest shown from buyers. This put pressure on Class III futures with added pressure from a lower dry whey price. Dry whey declined 2.25 cents, closing at $1.60 with one load traded. This pushed Class III futures down as far as 32 cents in the July contract. Futures are 32 cents lower to 4 cents higher with gains confined to two contracts in 2022. Butter declined 1.75 cents, closing at $1.8050 with one load traded. Grade A nonfat dry milk price declined 2.75 cents, closing at $1.28 with eight loads traded. Price did initially move down to $1.2775 before buying interest brought it back up off the low. This put some pressure on Class IV futures with contracts 12 to 16 cents lower. Butter futures and dry whey futures are 0.50 to 2.30 cents lower.
.jpg)
