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CME cash dairy prices fell on Friday, November 6. Dry whey declined 2 cents to $0.84 per pound, cheese blocks fell 1 cent to $1.5675, butter slipped 0.75 cent to $1.2650, and nonfat dry milk dropped 1.5 cents to $2.1975.
Lower prices for dairy products signal weaker near-term market values, though the reported moves were modest. Milk prices may face some downward pressure if weakness persists across dairy products.
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.