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Since June 2025, only the block cheddar price, not the barrel cheddar price, has been used to set the protein value in the Class III milk price. Buyers and sellers have also shifted barrel contracts for 2025 and 2026 to price off the daily CME block price.
Block and barrel prices have since varied by only 0.3 cents, compared with an average of 10.3 cents over 2019 to 2024.
The reformed formula changes how U.S. milk protein is valued, which affects the Class III milk price that dairy producers and feed buyers track. Barrel pricing now following block prices reduces the price volatility that barrel cheese previously added to milk prices.
cheesereporter.com2025. 10. 31.과거 중립 정책 이벤트 93건 이후, 우유 (Class III)은 5거래일 동안 중앙값 -0.0% 변동(상승 48%; 중간 50% 범위 -0.6%~+0.6%), 20거래일 동안 +0.2%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
