# Mielke Market Weekly: Cheese continues to draw foreign interest | News | thelandonline.com

> USDA preliminary data show June US milk output at 18.77 billion pounds, down 1% year on year and the 12th straight monthly decline. Cow numbers are down from a year ago, and the column cites bird flu, a heifer shortage and heat as causes. Cheese continues to attract foreign buyers.

- Date: 2024-07-31 · published 2024-07-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/29416-mielke-market-weekly-cheese-continues-to-draw-foreign-interest-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Shrinking milk output tightens dairy supply and supports prices for dairy products and related feed demand. Ongoing cheese export interest adds further support to Class III milk.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-09-18 | [Mielke Market Weekly: Dairy Product Production Slips From June Levels - EDairy News English](https://feedsoft.ai/events/34108-mielke-market-weekly-dairy-product-production-slips-from-june-levels-edairy.md) | +0.1% | -8.5% |
| MILK | 2016-12-15 | [Mielke: Milk Prices split, cheese prices mostly down \| TheFencePost.com](https://feedsoft.ai/events/73620-mielke-milk-prices-split-cheese-prices-mostly-down-thefencepost-com.md) | +0.3% | -2.6% |
| MILK | 2019-05-31 | [Dairy Situation And Outlook: Milk Market Looks To Continue Improvement - EDairy News English](https://feedsoft.ai/events/59220-dairy-situation-and-outlook-milk-market-looks-to-continue-improvement-edairy.md) | -1.0% | -0.7% |
| MILK | 2017-12-20 | [Butter and cheese continue their upward trend as the world demands more dairy fat: USDA](https://feedsoft.ai/events/67494-butter-and-cheese-continue-their-upward-trend-as-the-world-demands-more-dairy.md) | -0.1% | -10.1% |
| MILK | 2018-06-08 | [Mielke: June Dairy Month not too happy \| TheFencePost.com](https://feedsoft.ai/events/64656-mielke-june-dairy-month-not-too-happy-thefencepost-com.md) | -0.4% | -7.9% |

## Sources

- thelandonline.com: https://www.thelandonline.com/news/mielke-market-weekly-cheese-continues-to-draw-foreign-interest/article_7b8ed3d4-4f71-11ef-b2b1-6bff3c109096.html

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