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Cash cheddar blocks closed the last week of April at $1.685 per pound, and barrels finished at $1.63, both higher on the week. Cheese demand reports were mixed, with some Midwestern producers seeing seasonal growth while others saw orders still lagging.
Mixed demand and balanced milk supply leave dairy prices without a clear new driver, so the price signal for milk and dairy-linked feed demand is limited.
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.