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Spot butter traded heavily with 27 loads but closed lower at $2.3175 per pound, as manufacturers offloaded inventory. Spot blocks and barrels rose slightly, and GlobalDairyTrade milk powder prices were mixed to lower.
Ample butter supply and weak nonfat powder pricing point to soft dairy demand, though Class III futures firmed, leaving milk prices largely steady.
dairyherd.comDairy HerdApr 1, 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.
