# Why Are Cheese Prices Not Increasing? - Dairy Herd

> Class III milk prices have followed an unusual pattern this year, with early-year buying pushing prices high before a decline. Buyers bought cheese early as a hedge, and high inflation and fuel costs have reduced consumer demand. Cheese stocks now look heavy despite strong exports.

- Date: 2022-09-07 · published 2022-09-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39597-why-are-cheese-prices-not-increasing-dairy-herd
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Excess cheese inventories and softer domestic demand keep cheese and Class III prices under pressure. This is bearish for MILK and reduces the milk price support for dairy producers buying feed.

## Read by commodity

- MILK: bearish ▼

## Sources

- dairyherd.com: https://www.dairyherd.com/markets/milk-prices/why-are-cheese-prices-not-increasing

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