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The USDA Agricultural Marketing Service's National Dairy Products Sales Report dated November 4, 2026 showed mixed weekly moves for the week ending October 31. Cheddar 40-pound blocks rose 11.0 cents to $1.53 per pound, nonfat dry milk rose 6.7 cents to $2.12, and butter edged up 0.8 cents to $1.37.
Dry whey fell 0.5 cents to 73.3 cents, the only decline.
Higher US cheese and nonfat dry milk prices support Class III milk values and dairy-processor demand for feed inputs. The mixed picture leaves the overall dairy complex without a clear directional signal.
indexbox.ioNov 4, 2026After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% over 20.
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.
