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Cash dairy prices at CME were mostly higher on January 3, 2025. Cash cheese barrels rose half a cent to $1.83 per pound and 40-pound blocks rose three quarters to $1.92.
AA butter gained three quarters to $2.55, while nonfat dry milk fell to $1.36.
Higher cheese and butter cash prices support milk values, while weaker nonfat dry milk limits the gain.
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.