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The USDA AMS National Dairy Products Sales Report for the week ending November 7, 2026 showed butter averaging $1.36 per pound, down 1.4 cents, and cheddar 40-pound blocks at $1.64 per pound, up 11.2 cents. Dry whey rose 0.3 cents to 73.5 cents per pound, while nonfat dry milk fell 4.6 cents to $2.07 per pound.
Cheddar's sharp weekly gain and firm whey point to tighter dairy protein and byproduct supply, supporting dairy-based feed ingredient values, while the NDM decline eases pressure on milk-based protein costs.
indexbox.ioNov 12, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 136 past neutral report events, Milk (Class III) moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% 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.
