◂ Event Timeline

Nov 10, 2026REPORTUS

Dairy CPI Rose 0.6% in October; Retail Dairy Product Prices Mixed

The US dairy and related-products CPI rose 0.6% in October from September, while the cheese CPI increased 1.3%. Whole-milk CPI fell 1.2%; retail Cheddar averaged $6.13 per pound, nearly unchanged from September.

WHY IT MATTERS

The figures describe consumer prices, not farm-level milk supply or feed demand, so the implications for feed-ingredient prices are limited.

AFFECTSMilk (Class III)

SOURCE
cheesereporter.comNov 10, 2026

Price reaction & history

Milk (Class III)no directional read

After 664 past report events, Milk (Class III) moved a median -0.1% over 5 sessions (44% higher; middle half -0.7% to +0.5%), and -0.1% over 20.

Feb 1, 2026USDA says milk, dairy product prices fell in December+5.2%
Aug 14, 2026Dairy Product, Milk Price Forecasts Mixed In Latest USDA Projections - Cheese Reporter+0.2%
Jan 16, 2026USDA Hikes 2026 Milk Production Forecast; Dairy Product Price Forecasts Mixed - Cheese Reporter-0.3%
Apr 10, 2026USDA Hikes 2026 Milk Production Forecast; Dairy Product Price Forecasts Mixed - Cheese Reporter-1.1%
Jun 29, 2026Record milk production keeps pressure on dairy prices-2.7%

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.

Milk (Class III) MILK · GP ▸

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