# Dairy Market Drivers: Rise and Fall of Breakfast Cereals; Cheese and Whey Price Updates; and Food Inflation in a Minute!

> A bi-weekly dairy market report notes that US spot cheese traded in a narrow $1.28 to $1.67 per pound range through the first nine months of 2026, the least volatility in two decades. In the last month, CME spot cheese blocks fell to $1.27 per pound on the final day of September, the lowest since May 2020.

- Date: 2026-11-03 · published 2026-11-03T12:07:16.438Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/77513-dairy-market-drivers-rise-and-fall-of-breakfast-cereals-cheese-and-whey-price
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Sharply lower spot cheese prices weigh on US milk class prices and dairy-based feed ingredient values, signalling softer demand for dairy byproducts such as whey.

## Read by commodity

- MILK: bearish ▼

## Sources

- perishablenews.com: https://perishablenews.com/dairy/dairy-market-drivers-rise-and-fall-of-breakfast-cereals-cheese-and-whey-price-updates-and-food-inflation-in-a-minute/

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