CME’s Dairy Dynamics: Tracking Cheese And Butter Market Trends
Spot butter prices at the Chicago Mercantile Exchange that took place the week of September 25th set new record highs, while cheese prices continued to fall as foreign competition has kept prices low, according to market analysts. Barrels settled at $1.48 and blocks at $1.72 today, down from their peaks in the high $1.80s and …