Discover the latest shifts in CME dairy prices: Butter rises, cheese barrels drop. How will these changes impact your market strategy? Stay informed with our report.
If you’re keeping an eye on the Chicago Mercantile Exchange, you’ll know that cash dairy prices saw some movement on Wednesday. Here’s a breakdown of the latest figures:
| Product | Price | Change | Sales Recorded |
|---|---|---|---|
| Dry Whey | $0.4850 | Unchanged | None |
| Cheese Blocks (40 lb) | $1.88 | Up $0.0075 | 3 Sales (range: $1.86 – $1.88) |
| Cheese Barrels | $1.90 | Down $0.01 | 2 Sales |
| Butter | $3.09 | Up $0.0575 | 2 Sales |
| Nonfat Dry Milk | $1.1850 | Down $0.0025 | 3 Sales (range: $1.1850 – $1.19) |
Cash dairy prices presented a mixed picture Wednesday on the Chicago Mercantile Exchange. Dry whey held steady at $0.4850, with no sales recorded for the day. Forty-pound cheese blocks experienced a slight increase, rising $0.0075 to settle at $1.88. Three sales were noted, ranging from $1.86 to $1.88. Cheese barrels saw a minor decline, dropping $0.01 to $1.90, with two sales recorded at this price. Butter climbed $0.0575, reaching $3.09, supported by two recorded sales at this price. Nonfat dry milk dipped $0.0025, closing at $1.1850. Three sales were recorded within the range of $1.1850 to $1.19.
