Loading…

U.S. cheese exports stayed strong as Mexican and other buyers kept purchasing despite trade war uncertainty, pushing CME spot cheddar blocks up 9 cents to $1.835 per pound. Whey prices also gained ground, with CME spot whey powder up 1.75 cents to 48.25 cents per pound.
Strong export orders are tightening domestic cheese supplies, which supports dairy prices. Analysts warn that softer restaurant demand and high cheese output could limit the rally.
Not 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.