Block cheese price declined a penny, closing at $1.78 with two loads traded. Barrel cheese price increased a penny, closing at $1.49 with six loads traded. Blocks initially moved down to $1.77 before coming back. Barrels initially increased to $1.50 before price slipped back. It did not make any difference that barrel price increased as traders remain focused on weakness. Butter price remained unchanged at $1.69 with no loads traded. Grade A nonfat dry milk price remained steady at $1.26. Dry whey price remained steady at 52 cents with no loads traded. Class III futures are 31 cents lower to 2 cents higher. Class IV futures have had no activity. Butter futures are 1.05 cents lower to 0.10 cent higher. Dry whey futures are 0.25 to 1.92 cents higher. The Global Dairy Trade Auction weighted average increased 0.3$ after eight consecutive event posting losses.
