# Flying Through Uncertainty: Domestic Cheese Demand Spurs Record Highs in Class III Futures Amid Global Market Shifts | The Bullvine

> Robust domestic cheese demand has pushed Class III futures to record highs, with third-quarter contracts averaging $21.28/cwt. The article notes that high US cheese prices make attracting new export buyers difficult, and that limited production capacity constrains supply.

- Date: 2024-06-15 · published 2024-06-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29914-flying-through-uncertainty-domestic-cheese-demand-spurs-record-highs-in-class
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Record Class III futures signal firm dairy-product values that support milk prices. Export competitiveness concerns could limit demand and affect dairy-feed economics later in the year.

## Read by commodity

- MILK: bullish ▲

## Sources

- thebullvine.com: https://www.thebullvine.com/news/flying-through-uncertainty-domestic-cheese-demand-spurs-record-highs-in-class-iii-futures-amid-global-market-shifts/

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