# USDA Dairy Market News: Mixed CME Cash, October Class Prices, September Output

> 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.

- Date: 2026-11-06 · published 2026-11-07T00:08:45.071Z
- Category: report · region United States · magnitude low
- Page: https://feedsoft.ai/events/85032-usda-dairy-market-news-mixed-cme-cash-october-class-prices-september-output
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

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.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-10-31 | [October FMMO milk class prices dip \| Ag Proud](https://feedsoft.ai/events/4677-october-fmmo-milk-class-prices-dip-ag-proud.md) | -1.6% | -2.0% |
| MILK | 2024-12-05 | [November FMMO milk class prices mixed \| Ag Proud](https://feedsoft.ai/events/27109-november-fmmo-milk-class-prices-mixed-ag-proud.md) | -0.8% | +7.7% |
| MILK | 2026-07-10 | [USDA raises milk output forecast but cuts milk price outlook
						 \| The Dairy Site](https://feedsoft.ai/events/18340-usda-raises-milk-output-forecast-but-cuts-milk-price-outlook-the-dairy-site.md) | +0.4% | +6.4% |
| MILK | 2026-02-01 | [USDA says milk, dairy product prices fell in December](https://feedsoft.ai/events/21217-usda-says-milk-dairy-product-prices-fell-in-december.md) | +5.2% | +2.1% |
| MILK | 2026-07-06 | [USDA Dairy Market News Weekly Report – July 3, 2026 \| CME Prices, Production & Inventory - News and Statistics - IndexBox](https://feedsoft.ai/events/18342-usda-dairy-market-news-weekly-report-july-3-2026-cme-prices-production-and.md) | +0.8% | +0.8% |

## Sources

- indexbox.io: https://www.indexbox.io/blog/usda-dairy-report-mixed-cme-cash-moves-for-week-ending-november-6-2026/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.