Block cheese price remained unchanged at $1.71 with one load traded. Barrel cheese price increased 3 cents closing at $1.58 with one load traded. Dry whey price declined a penny to 46.75 cents with one load traded. Even though dry whey is an anchor on the potential for Class III price, it was superseded by the gain of barrels. The recent movement up of cheese is getting the attention of traders and bringing buyers in more aggressively. There is concern over the weakness of butter. Butter price fell 6.50 cents closing at $1.6750 with 13 loads traded. Grade A nonfat dry milk price declined 0.25 cent ending at $1.2250 with no loads traded. This is not friendly to Class IV futures with contracts steady to 10 cents lower. Class III futures are 1 to 75 cents higher with September showing the limit-up gain while August is not far behind with a gain of 74 cents. Butter futures are 0.75 to 4.00 cents lower. Dry whey futures are 1.02 cents lower to 0.10 cent higher.
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