Today’s dairy products were mixed. Block Cheese dropped $0.0150 to $1.8350. With 5 lots traded, barrel cheese decreased by the same amount to $1.5850. Dry whey, on the other hand, rose 1.5 cents to 43 cents even. Quarter 2 Class III Milk Futures were essentially flat, losing two cents to $18.30. Nonfat dry milk fell short of expectations in this morning’s Global Dairy Trade. As a result, it dipped 1.5 cents to $1.2350, while butter rose 1.5 cents to $2.3950. Q2 Class IV Milk Futures down 16 cents to $19.07.
(T1, D1)
