# Class III Sees Double Digit Gains - EDairy News English

> CME spot dairy auction values rose at the end of the week, with butter up 3.75 cents to $1.775/lb and cheddar blocks up 2 cents to $1.72/lb. Barrel cheese rose a quarter cent to $1.4625/lb, while whey and nonfat dry milk were unchanged. In grains, corn strengthened in old crop and soybeans lost ground ahead of USDA's Prospective Plantings report.

- Date: 2021-03-29 · published 2021-03-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5250-class-iii-sees-double-digit-gains-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger cheese and butter prices support Class III milk values, which lifts the outlook for dairy-sector feed demand. The grain moves were routine and offer a limited signal for feed prices.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2021-03-31 | 1 | +8.6% | 7.0 | Cash cheese and butter gains at the CME spot auction supported Class III futures, and the headline of double-digit gains points to strong buying momentum. |

## Sources

- en.edairynews.com: https://en.edairynews.com/class-iii-sees-double-digit-gains/

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