# CME Dairy Report March 5, 2025: Butter Surges, Cheese Markets in Turmoil | The Bullvine

> 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.

- Date: 2025-03-06 · published 2025-03-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4707-cme-dairy-report-march-5-2025-butter-surges-cheese-markets-in-turmoil-the
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

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.

## Read by commodity

- MILK: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2025-03-05 | 5 | -9.7% | -2.9 | March 5 CME report shows blocks falling sharply and Class III futures dropping to $17.36, confirming the cheese-led decline. |
| MILK | 2025-03-05 | 1 | -9.8% | -9.0 | 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. |
| MILK | 2025-03-06 | 5 | -9.5% | -2.8 | 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. |

## Sources

- thebullvine.com: https://www.thebullvine.com/news/cme-dairy-report-march-5-2025-butter-surges-cheese-markets-in-turmoil/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.