# Early Morning Update - March 3, 2025

> Aggressive spot selling pushed block cheese down 9.5 cents to $1.7750 and sent Class III and cheese futures to new nearby lows. Spot whey fell to 51 cents, its lowest since mid-July, on heavy volume.

- Date: 2025-03-03 · published 2025-03-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4709-early-morning-update-march-3-2025
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Cheese and whey weakness feeds directly into Class III milk prices, and a slowdown in demand is leaving extra loads to clear.

## 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 | Aggressive spot selling cut block cheese 9.5 cents and whey to its lowest since July, pushing Class III futures to new nearby lows within the window. |
| MILK | 2025-03-06 | 5 | -9.5% | -2.8 | Aggressive spot block cheese selling and whey falling to its lowest since July pushed Class III futures to new nearby lows, directly driving the price drop early in the window. |
| MILK | 2025-03-05 | 1 | -9.8% | -9.0 | Aggressive spot selling drove block cheese down 9.5 cents and Class III futures to new nearby lows on March 3, setting up the selloff that continued into March 5. |

## Sources

- stonex.com: https://www.stonex.com/en-us/insights/early-morning-update---march-3,-2025-1556427/

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