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CME spot butter fell 2.25 cents to $1.44 per pound and spot Cheddar blocks dropped to a two-month low of $1.465 in the week. Butter output outpaced 2025 by 86 million pounds year to date while exports grew only 36 million pounds, and whey exports surged.
Output growing faster than exports keeps butter and cheese under pressure. Strong whey export demand supports the solids complex.
milkproducerscouncil.orgSarina SharpSep 4, 2026Not 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.
