Cheese prices gained as increasing bids initially did not trigger any sales. Sales finally took place with blocks gaining 7.75 cents, closing at $1.7375, with one load traded and barrels gaining 6.75 cents, closing at $1.4275, with five loads traded. There was an unfilled bid remaining in each at close of the trading session. Class III futures were initially reluctant to increase but have since moved as much as 67 cents higher in the September contract. Current futures range from 5 cents lower in the July 2022 contract to 62 cents higher in the September contract. If September were to close at the current level, it would be the highest close since July 19. Butter slipped a penny to $1.67 with two loads traded. Grade A nonfat dry milk slipped 0.25 cent, taking back Monday's gain with two loads traded. Dry whey price remained unchanged with no loads traded. Class IV futures have not yet traded. Butter futures are 0.50 cent to 1.20 cents higher. Dry whey futures are 0.30 cent lower.
