This week on Parlor to Plate, host Katie Burgess sits down with Brian Fletcher, Zach Bowers, and Natalie McCarty for a timely breakdown of dairy and grain

markets as we head into the final stretch of 2025. With spot cheddar falling to $1.35/lb — its lowest level since July 2023 — the team unpacks how global milk production, expanding U.S. cheese capacity, and sharply discounted European mozzarella have shaped today’s downtrend.

From the producer perspective, Zach explains why Class III milk checks still feel relatively insulated, why Class IV regions may feel the squeeze sooner, and why early-2026 hedging looks more like cheap insurance than a profit play.

Natalie rounds out the conversation with a look at grain and protein inputs, including expectations for the December WASDE, softer soybean and meal markets, and a massive Canadian canola crop that is adding welcome relief to producer feed costs.

If you manage dairy price risk—or just want to understand the forces moving milk, cheese, and feed markets—this episode offers clear, actionable insight heading into 2026.

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🎧 Join the Ever.Ag Insights team for data-driven perspective and expert commentary connecting dairy markets from parlor to plate.

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