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Spot cheese blocks fell nearly five cents, pulling July and August Class III futures lower. December corn rallied about 16 cents and feeder cattle gained a couple of dollars after USDA said southern border port cattle yards would begin reopening.
Soybeans and soybean meal also closed higher.
Weaker Class III milk values reduce dairy margins and can curb dairy feed demand. Firmer corn, soybeans and feeder cattle raise feed and livestock costs for buyers.
dairyherd.comEver.AgJul 2, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
Spot cheese blocks fell nearly five cents on the day, directly pulling July and August Class III futures lower, which is the most direct mechanism for the sharp one-day drop.
