Market News

Cash cheese closes firm

In the spot dairy market Thursday, cash cheese was modestly higher. Barrels were up a quarter cent at $1.495. The last bid unfilled was for one load at the closing price. Blocks were a penny higher at $1.56. There were two loads sold, one each at $1.5525 and $1.56. The last offer uncovered was for one load at $1.565.

AA butter was unchanged at $1.55. The last offer uncovered was for one load at $1.78.

Grade A nonfat dry milk was down five cents at $1.05. There were six loads sold, all at that price.

Class three milk futures at the Chicago Mercantile Exchange were mostly lower, with March down $.01 at $15.45, April up $.02 at $15.42, and May $.09 lower at $15.51.