# CME dairy prices mixed as cheese blocks, butter fall

> Cash dairy prices at the CME were mixed on Tuesday. Forty-pound cheese blocks fell 2.25 cents to $1.5775 and butter dropped 35 cents to $1.2975, while nonfat dry milk rose 3.5 cents to $2.16 and dry whey was unchanged at $0.84.

- Date: 2026-11-03 · published 2026-11-03T18:57:03.690Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/78330-cme-dairy-prices-mixed-as-cheese-blocks-butter-fall
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower cheese and butter prices weigh on Class III and Class IV milk values, which feed through to dairy by-product feed costs. The nonfat dry milk gain partly offsets the decline and supports protein-based feed demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/cme-dairy-prices-mixed-as-cheese-blocks-butter-fall/

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