Block cheese continued to erode with price sliding another 0.75 cent, closing at $1.4575 with four loads traded. Barrel cheese price increased 2 cents, closing at $1.5975 with six loads traded. There were offers for two loads of blocks remaining at the close. There were two unfilled bids in barrels and one uncovered offer remaining. Butter price increased 2 cents, closing at $1.79 with three loads traded. Grade A nonfat dry milk price increased 1.50 cents, closing at $1.3150 with eight loads traded. Dry whey price increased 1.50 cents, closing at 62 cents with no loads traded. Class III futures are 2 to 6 cents higher. Class IV futures are a penny lower. Butter futures are 0.50 to 1.75 cents higher. Dry whey futures are 0.52 to 0.75 cent higher. Trading activity has been very light as there is little overall market direction.
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