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On March 5 CME butter rose 3.25 cents to $2.2825 per lb while blocks fell sharply and traded below barrels. Class III futures dropped to $17.36 per cwt and Class IV held near $18.48.
Cheese weakness is pulling Class III milk prices lower, while firm butter provides some offset for Class IV. Producer revenue is squeezed as feed costs remain elevated.
thebullvine.comMar 6, 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.
March 5 CME report shows blocks falling sharply and Class III futures dropping to $17.36, confirming the cheese-led decline.
On March 5 blocks fell sharply and traded below barrels while Class III futures dropped to $17.36, directly reflecting the day's decline in cheese-driven prices.
Block cheese fell sharply and traded below barrels on March 5, and Class III futures dropped to $17.36, reflecting the cheese weakness behind the decline.
