# U.S. Milk Production Down In June; Spot Cheese, Nonfat Up - EDairy News English

> USDA estimated June 2024 US milk production at 18.8 billion pounds, which was down year on year. CME spot block cheese rose 5.5 cents to $1.93/lb and spot nonfat dry milk advanced to $1.22/lb, while China's June dairy imports were mixed.

- Date: 2024-07-24 · published 2024-07-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29263-u-s-milk-production-down-in-june-spot-cheese-nonfat-up-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower US milk output alongside higher cheese and nonfat prices supports dairy product values and, by extension, milk price strength for feed buyers.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2024-07-30 | 1 | +3.5% | 4.9 | Lower June milk output with spot block cheese and nonfat dry milk rising points to supply-driven strength in cheese, which sets Class III. |

## Sources

- en.edairynews.com: https://en.edairynews.com/u-s-milk-production-down-in-june-spot-cheese-nonfat-up/

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