Block cheese price remained unchanged at $1.6350 with no loads traded. In fact, no one showed up to do any business providing no market direction. Barrel cheese price declined 1.50 cents closing at $1.40 also with no loads traded. An offer for a load is what pushed price lower. Butter price declined 1.75 cents closing at $1.6225 with 1 load traded. Price is now back down below block cheese again. Grade A nonfat dry milk price remained unchanged at $1.25 with no loads traded. Dry whey price increased 0.25 cent ending at 53.25 cents with 2 loads traded. Class III futures ae under pressure again despite blocks remaining steady. Contracts are from 2 cents to 23 cents lower with August showing the greatest loss. This does not bode well for the market as anything positive that might indicate some support is not impacting the market. Class IV futures have not yet traded. Butter futures are 0.27 cent to 2.05 cents lower. Dry whey futures are 0.25 cent to 1.40 cents lower.
