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Dairy markets are falling under heavy milk output, with spot nonfat dry milk down 4.5 cents to $2.045 per pound and cheddar blocks at a three-month low. USDA data show milk, butterfat and protein production all above year-earlier levels.
Heavy milk supply and rising powder output push down dairy product prices that set the Class III and Class IV milk values. Butter strength is an exception.
milkproducerscouncil.orgSarina SharpJun 5, 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.
