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The USDA’s weekly dairy report showed mixed CME cash-market prices for the week ending November 6, 2026: nonfat dry milk and dry whey averages rose, while butter and cheese averages fell. October Federal Order Class III milk was $15.16, down $0.88, while Class II and Class IV prices increased.
Lower Class III pricing points to weaker returns for milk priced under that class, while the mixed product-price moves indicate differing conditions across dairy markets.
indexbox.ioNov 6, 2026After 273 past bearish report events, Milk (Class III) moved a median -0.2% over 5 sessions (39% higher; middle half -1.3% to +0.4%), and -1.4% 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.
