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The Roller Coaster of Dairy Prices at the CME Thursday

The last trading session wasn’t kind to our beloved dairy products, but don’t fret! Understanding these price fluctuations can help you make more informed decisions for your farm. 

MonTueWedThurFriCurrent Avg.Prior Week Avg.Weekly Volume
Butter3.18503.17003.16003.15003.16633.141032
Cheddar Block2.10002.10002.09502.07752.09312.04954
Cheddar Barrel2.25502.26502.28252.22252.25632.18402
NDM Grade A1.26501.28251.28501.28001.27811.238021
Dry Whey0.55000.55750.56750.56500.56000.55902

Let’s dig into the numbers: 

  • Dry whey: Down by $0.0025, currently at $0.5650.
  • Forty-pound cheese blocks: Down by $0.0175, now $2.0775 per pound.
  • Cheese barrels: Down by $0.06, standing at $2.2225 per pound.
  • Butter: Slightly down by $0.01, priced at $3.15 per pound.
  • Nonfat dry milk: A small dip of $0.0050, now at $1.28 per pound.

“The recent market dip is largely driven by seasonal trends and international trade dynamics,” says industry analyst John Smith.

Noticed a pattern here? It’s crucial to stay agile and adapt your strategies. But what does this mean for the upcoming months?

(T2, D1)
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