Cheese sellers pressured the market today, driving Class III and cheese futures sharply lower amid weak Global Dairy Trade results and steady supply.

This spring turned into the wettest in over a century for parts of the U.S. As the focus shifts to June, the moisture in the ground will help keep the heat down, but the pattern is also turning drier for two Midwestern states.

Over the weekend, the most sweeping updates to the Federal Milk Marketing Orders in over two decades officially took effect, impacting how milk is priced across all 11 orders nationwide.

The third round of disaster aid payments through the Supplemental Disaster Relief Program is the largest amount appropriated by Congress. USDA Deputy Undersecretary Brooke Appleton says those payments are being prepared now.

This is the 2025 dairy industry. Short on certainty. Long on volatility. Sharp management is more crucial than ever.

At the heart of an emerging trend is the elevated fat content in U.S. farm milk, which has surpassed the requirements for cheese manufacturing and led to an oversupplied cream market.