Spot Market Summary – May 18, 2026

Block Cheese: $1.5550, unchanged, 0 lots traded
Barrel Cheese: $1.5550, unchanged, 0 lots traded
Butter: $1.6400, unchanged, 26 lots traded
NDM: $2.2700, down $0.0025, 0 lots traded
Whey: $0.6900, up $0.0050, 0 lots traded

Implied Class III: $16.17, up $0.03
Implied Class IV: $24.03, down $0.02

Class III (June): $16.94, down $0.08
Class IV (June): $22.50, unchanged
Corn (July): $4.7700, up $0.2125
Soybeans (July): $12.1775, up $0.4075
Soybean Meal (July): $337.20, up $2.90

* Futures data from approximately 2026-05-18 11:50:42 CT.

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