Cheese
The dairy industry is on the brink of significant price shifts as milk and dairy futures predict a decline in milk prices in the coming months. However, a simultaneous drop in feed costs is offering a glimmer of hope to balance these changes
Dairy markets are falling through support levels as the overabundance of milk supply weighs heavily on prices. At the same time, changes in the Federal Milk Marketing Order are beginning to roll out.
The current assessment of the CME markets reveals a largely range-bound status, yet this doesn’t mask the underlying shifts and trends that we should be mindful of.
The CME spot butter market continues to steal the attention as prices dropped another few cents. Can this market break $2?
The dairy market experienced a notable turn of events as butter futures managed to claw back from their previous losses, caught in the wake of yesterday’s chaotic trading.
A newly appointed CEO prepares to lead Bongards into the future, and the company looks to solidify its position as a leader in quality cheese production and further expand its global reach in the dairy market.
Butter plunged to a new year-to-date low, while cheese prices continue to bounce.
The big question that remains is how much of the holiday demand has already been accounted for and is that what’s eating into those inventories on top of record exports?
The latest milk production report, which revealed an upswing in milk production marking the strongest growth in four years, the dairy futures have responded in kind with a downturn
Across the board, Class III traded lower with the vast majority of the day’s volume focused in the September and October 2025 contracts.
While spot block prices experienced a marginal increase, giving a push to cheese futures, Class III prices didn’t fare as well.
Dairy markets opened the week on a stronger note, with cheese and butter prices rebounding and Class III and IV futures gaining momentum.
Six people have been arrested after a sophisticated scam last October tricked Neal’s Yard Dairy into handing over more than 24 tons of high-end cheddar, valued at around $390,000.
June dairy exports skyrocket, underscoring the escalating international demand for U.S. dairy products.
Despite softer spot cheese prices, tight milk supplies and steady demand continue to underpin market strength.
Cheese prices climbed to their highest level in nearly two months, while Class III futures and butter prices moved lower.
Spot cheese prices pushed higher, lifting September Class III, while butter losses brought Class III and IV prices closer to parity.
Consumer demand for protein drinks have soared over the last few years. Can the U.S. dairy industry capitalize on this growing opportunity and is it enough to help your milk check?
After a strong start to the week, the spot cheese market slowed, but Class III futures continued to climb, supported by bullish sentiment in feeder cattle and a brief dip in corn below $4.00
CME spot cheese prices climbed to their highest levels since mid-June, fueled by record U.S. export demand, though futures markets remained cautious.
Spot cheese prices surged to their highest levels since June, fueling a sharp rally in Class III futures as traders look ahead to the upcoming June trade data report.
The largest U.S. dairy cooperative has announced its acquisition of W&W Dairy, based in Monroe, Wis.
Cheese prices climbed above $1.70 for the first time in a month, lifting nearby Class III futures, while 2026 contracts slid to their lowest level since April.
Spot cheese remained steady in the $1.60s as Class III futures traded at a premium, with the August-September spread driving volume and signaling continued market positioning.
Rising cheese inventories pressured futures markets despite active spot trading, while butter prices and contracts continued to decline amid lackluster demand.
A bipartisan group of U.S. senators has reintroduced the DAIRY PRIDE Act of 2025, aiming to stop plant-based products from using dairy terms and require the FDA to enforce labeling standards that protect dairy farmers and prevent consumer confusion.
September Class III milk futures fell sharply despite heightened spot block trading activity, as broader dairy and grain markets showed mixed movement.
Butter futures surged Monday on a bullish Cold Storage report, lifting Class III prices despite volatile cheese markets and higher-than-expected inventories.
Butter prices rebounded on Friday following a bullish Cold Storage report, while cheese markets remained quiet with minimal spot activity and mixed Class III futures.
Aggressive selling hit Class III and butter futures following a bearish Milk Production report, as higher milk flows and weaker spot prices added pressure across the board.