Cheese mixed (block/barrel gap widens);
MARKETS: Cheese mixed (block/barrel gap widens); Class III futures mixed in a narrow range
Today's market closing prices:
Butter: unchanged at $1.69/lb.
Cheddar blocks: up 1.5¢, to $1.90/lb.
Cheddar barrels: up 1.0¢, to $1.67/lb.
Grade A nonfat dry milk: unchanged at $1.76/lb.
Extra Grade nonfat dry milk: unchanged at $1.70/lb.
Class III milk: -9¢ to +5¢ through February 2014. Based on current CME closing prices, the 2013 average is $18.47/cwt.; and the 2014 average is $16.88/cwt.