Block cheese price increased 0.50 cent, closing at $1.51 with 10 loads traded. Barrel cheese price declined 2.25 cents closing at $1.6350 with 18 loads traded. Sellers kept bringing cheese to the market and buyers kept buying. There is concern over tow low bids that were placed in barrels that increases the caution of traders. One unfilled bid was place at $1.47 and one at $1.52. These were quite a bit below the market and many times seeing low bids is an indication of where price will eventually go. Butter price remained unchanged at $1.8050 with 5 loads traded. Grade A nonfat dry milk declined 1.50 cents ending at $1.2650 with 2 loads traded. Dry whey price declined 0.75 cent closing at 59.50 with no loads traded. Class III futures have not traded in many contracts, but what has traded is 4 cents to 30 cents lower with August taking the brunt of the selling. Class IV futures are unchanged to 9 cents lower. Butter futures are unchanged to 1.75 cents lower. Dry whey futures are 0.25 cent to 0.75 cent lower.
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