# 2016 ends mixed; 2017 starts slipping | Capital Press

> US cash cheddar blocks closed 2016 at $1.66 per pound and opened 2017 at $1.67. Butter finished the year at $2.2675 per pound and cheese demand was beginning to slow.

- Date: 2017-01-03 · published 2017-01-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11539-2016-ends-mixed-2017-starts-slipping-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slowing cheese demand and buyers keeping inventories low weigh on US dairy prices, though producers expect a seasonal pickup before the Super Bowl.

## Read by commodity

- MILK: neutral

## Sources

- capitalpress.com: https://capitalpress.com/2017/01/03/2016-ends-mixed-2017-starts-slipping/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.