# Cheese Prices May Have Shot Up Too Fast And Too High - EDairy News English

> The July federal order Class III benchmark fell to $13.77 per cwt, the lowest since May 2020, while the Class IV price was $18.26. Analysts question whether cheese prices rose too quickly after the earlier slide.

- Date: 2023-08-17 · published 2023-08-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34588-cheese-prices-may-have-shot-up-too-fast-and-too-high-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weak Class III pricing reflects soft cheese demand and limits dairy producers' margins, which can curb herd expansion and feed purchases.

## Read by commodity

- MILK: neutral

## Sources

- en.edairynews.com: https://en.edairynews.com/cheese-prices-may-have-shot-up-too-fast-and-too-high/

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