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CME spot nonfat dry milk fell 5.8% in the week to $1.505 per lb, 34% below its early-May peak, despite a heat wave. Butter closed at $1.6375 after touching $1.70, and whey buyers were testing lower-priced MPC 85.
Record milk powder output and recovering processor supply keep dry dairy prices under pressure, weakening dairy ingredient values for feed buyers.
vespertool.comJorn HansenJul 3, 2026Not 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.
