Both block and barrel prices declined with offers remaining at the close of the trading period. Block cheese price declined 3.50 cents, closing at $1.7225, with one load traded. Barrel cheese price declined 2 cents, closing at $1.8275 with two loads traded. Blocks are falling deeper into the trading range after touching the upper end of the range earlier this week. Dry whey price declined 0.50 cent, closing at 61.75, with one load traded. Class III futures are lower with November again taking the hit with price falling below the low of Tuesday. Contracts range from steady to 29 cents lower. Butter price remained steady at $1.94 with three loads traded. Grade A nonfat dry milk price gained 2.50 cents closing at $1.5525 with three loads traded. This moves the price to a new multiple-year high. Class IV futures are mixed from 7 cents lower to 15 cents higher. Butter futures are 1 cent lower to 2 cents higher. Dry whey futures are 0.65 cent lower to 0.07 cent higher.
