# Big dairy inventories put pressure on prices - Brownfield Ag News

> Mike North of Ever.ag says large dairy inventories are pressuring prices and could weigh on the U.S. market for a long time. The U.S. is gaining some short-term cheese export sales, but the strong dollar keeps longer-dated 6, 9 and 12-month export deals from materializing.

- Date: 2024-02-12 · published 2024-02-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31822-big-dairy-inventories-put-pressure-on-prices-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Heavy inventories and a strong dollar limit export demand for U.S. cheese and dairy, which keeps Class III milk prices under pressure and caps feed demand from the dairy sector.

## Read by commodity

- DXY: bullish ▲
- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/big-dairy-inventories-put-pressure-on-prices/

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