Daily Dairy Trading: Butter Drops Two Cents Futher

US - Cheddar Barrels continued the slide, closing down 2 cents on Tuesday at $1.6575, according to the USDA.
calendar icon 26 June 2013
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The two cent drop follows the four cents decrease of Monday and leaves the last Barrel spot value three cents under Cheddar Blocks which stayed unchanged at $1.6575. 

Barrels are trading at an average of $1.6675 for the week, substantially below last week's average of $1.7445. 

June Milk went unchanged with Class III on $18.03 and Class IV $18.94. Cheese was also a non-mover on $1.7780

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