Rebound In U.S. Dairy Exports Boosts CME Spot Cheese & Butter Price
Spot cheese and butter prices at the Chicago Mercantile Exchange (CME) ended the week of April 5 on near-term highs as news of improved export numbers boosted market sentiment, analysts say.
“The February export data was bullish for cheese — the largest volume exported since June 2022,” says Mike McCully, owner of McCully Consulting, South …