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CME dairy markets showed signs of stabilizing after a week of heavy losses, with July Class III futures falling from $18.67 to $17.00 per cwt in 48 hours. Domestic cheese consumption fell in Q1 2025 and the national herd expanded.
Component premiums for butterfat and protein were highlighted for producers.
Sharp declines in Class III futures lower milk revenue and could reduce dairy producers' feed purchasing, weighing on demand for feed ingredients.
thebullvine.comJun 25, 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.
Late-June CME cheese losses sent July Class III futures from $18.67 to $17.00 in 48 hours, showing the selling pressure and sentiment that fed the extended drop in Class III.
