# CME Daily Dairy Market Report: April 29, 2025 – Cheddar Blocks Defy Bearish Trends as Butter Plunges | The Bullvine

> CME cheddar blocks rose 2 cents on active trading, while butter fell 3.5 cents to $2.24 per pound, its lowest since 2021. Nonfat dry milk and dry whey were flat amid export challenges tied to China's tariffs on US whey.

- Date: 2025-04-29 · published 2025-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11898-cme-daily-dairy-market-report-april-29-2025-cheddar-blocks-defy-bearish-trends
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Butter weakness and flat powder prices point to lower milk component values and softer dairy demand. China's tariffs limit export outlets, which keeps downside pressure on milk prices.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2025-04-29 | 1 | +5.3% | 3.1 | CME report dated 2025-04-29 shows butter at its lowest since 2021 and flat whey and nonfat dry milk amid China tariff export challenges, a bearish demand and trade signal that coincides with the move. |

## Sources

- thebullvine.com: https://www.thebullvine.com/news/cme-daily-dairy-market-report-april-29-2025-cheddar-blocks-defy-bearish-trends-as-butter-plunges/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.