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MRV's market commentary reported butter prices down about $0.50 month over month and block and barrel cheese down about $0.12 and $0.15. Dry whey and nonfat dry milk prices rose about 3 cents, and butter futures point to lower prices before a spring rise.
Falling butter and cheese prices and weak block cheese sales point to continued softness in dairy product values and milk checks.
mrvdairysolutions.comDec 15, 2023Not 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.
