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CME cheese blocks rose 3 cents to $1.9500 per lb on May 28, lifting Class III hopes. June Class III futures fell 30 cents per cwt, and feed costs eased on lower corn prices.
The milk-to-feed ratio was near 2.44, and the new federal order formulas take effect June 1.
The cash cheese rally supports milk values, but weaker June futures suggest the gains may not hold, leaving the price direction for milk unclear.
thebullvine.comAndrew HuntMay 28, 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.
