# Dairy Margin Watch: May Sees Sharp Margin Improvements Amid Soaring Cheese Prices and Tightened Milk Supply | The Bullvine

> Spot cheese prices in blocks and barrels rose about 33% from late-March lows on strong export demand. Class III futures rose above $20/cwt from just under $17 in mid-April, narrowing the gap with Class IV.

- Date: 2024-05-20 · published 2024-05-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30440-dairy-margin-watch-may-sees-sharp-margin-improvements-amid-soaring-cheese
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Strong export demand and tighter milk supply lifted cheese and Class III milk prices, improving producer margins. The rally supports higher milk values and demand for dairy feed.

## Read by commodity

- MILK: bullish ▲

## Sources

- thebullvine.com: https://www.thebullvine.com/news/dairy-margin-watch-may-sees-sharp-margin-improvements-amid-soaring-cheese-prices-and-tightened-milk-supply/

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