Loading…
Spot CME butter rebounded about 5.5 cents to $2.2950 per pound, while cheese finished slightly higher. June Class III rose 13 cents to $17.37 per hundredweight.
USDA and Mexico agreed to tighten New World screwworm border protocols.
Higher Class III and butter values modestly support milk prices for producers. The screwworm border agreement eases fears of livestock disruption, which limits risk premium in cattle markets.
dairyherd.comEver.AgApr 30, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Same-day report of June Class III up 13 cents with butter rebounding and cheese firmer points to a short-covering bounce in dairy futures, though the 13-cent gain looks small against a 5.27% move.
