
CME cash dairy prices were steady to lower on June 3. Dry whey was $0.6750, 40-pound cheese blocks were $1.4675, and nonfat dry milk was $2.1450, while butter was unchanged at $1.71.
Lower cheese and whey cash values feed into Class III milk pricing. Small daily moves reflect routine trading rather than a new supply or demand shift.
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.
CME cash dairy prices were steady to lower on June 3, with cheese blocks at $1.4675 and whey at $0.675, which reflects the weak cheese and whey complex underlying Class III futures.