# Milk, Dairy and Grain Market Commentary

> 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.

- Date: 2026-09-04 · published 2026-09-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/17492-milk-dairy-and-grain-market-commentary
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Output growing faster than exports keeps butter and cheese under pressure. Strong whey export demand supports the solids complex.

## Read by commodity

- MILK: bearish ▼

## Sources

- milkproducerscouncil.org: https://www.milkproducerscouncil.org/post/milk-dairy-and-grain-market-commentary-222

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