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CME cheese barrels rose 4.5 cents to $1.68 on July 30 with buyers far outnumbering sellers, and fifteen block trades were reported. The commentary cites Class III futures around $17.36 and lower feed costs, with corn at $3.93 and soybean meal at $264.40.
Mexican demand for US cheese was described as steady.
Stronger cheese prices lift milk checks and improve dairy producers' margins over feed, which can support their purchasing of feed ingredients.
thebullvine.comJul 30, 2025Not 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.
