# Do Milk Price Patterns Indicate Future Movement? - Dairy Herd

> Barrel cheese prices rose 43 cents over two weeks on strong buying interest despite ample barrel supplies, with blocks rising less because they are tighter. The author notes a similar rally in September-October 2022 was followed by a 72-cent decline, and fundamentals have not clearly changed.

- Date: 2023-03-21 · published 2023-03-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37015-do-milk-price-patterns-indicate-future-movement-dairy-herd
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The analysis suggests the recent cheese rally may be speculative buying that reverses quickly, which could weigh on Class III milk prices and dairy farm income.

## Read by commodity

- MILK: neutral

## Sources

- dairyherd.com: https://www.dairyherd.com/markets/milk-prices/do-milk-price-patterns-indicate-future-movement

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