Block cheese price remained unchanged at $1.6350 for the sixth consecutive day. No buyers or sellers showed up to the market again indicating business is able to be accomplished through regular channels without the need to come to the spot market. Barrel cheese price increased 0.75 cent, closing at $1.3150 with 4 loads traded. Butter price declined 1.50 cents, closing at $1.6050 with 2 loads traded. Grade A nonfat dry milk price declined 1.50 cents ending at $1.2525 with 2 loads traded. Dry whey price declined 0.50 cent closing at 47.50 cents with 3 loads traded. Class III futures are mixed, ranging from 3 cents lower to 12 cents higher. Class IV futures have not yet traded. Butter futures are 0.70 cent lower to 2.15 cents higher. Dry whey futures are 0.17 cent to 0.50 cent higher. USDA will release the July Federal Order prices Wednesday. The trade anticipates a Class III price of $16.44 and a Class IV price of $16.01 USDA will also release the June Dairy Products report.
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