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Cash dairy prices at the CME were mixed to start the week. Butter fell $0.025 to $1.32 per pound on 11 sales, while 40-pound cheese blocks rose slightly to $1.60 and nonfat dry milk gained to $2.125.
Dry whey was unchanged at $0.84.
Mixed moves across dairy products point to no clear direction for milk component values. Butter weakness and firm cheese and powder prices leave the Class III milk price balance broadly unchanged.
brownfieldagnews.comErin AndersonNov 2, 2026Not 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.
CME cash cheese blocks edged up to $1.60 and nonfat dry milk gained to $2.125 on Nov 2, which supports Class III (cheese/whey-driven) futures, though the moves were small relative to a 13% jump.
CME cash dairy on Nov 2 showed cheese blocks and nonfat dry milk gaining, which feeds directly into Class III pricing, though the moves were small relative to a 13.56% jump.
