# Soaring Butter Prices Put Dairy Market And Retail Prices Under Pressure, Report Finds - EDairy News English

> CoBank analysis says retail butter prices are rising faster than nearly all other consumer goods, with CME butter up 27.3% year to date. Class IV milk has moved above Class III and set record farm prices. The May CPI showed dairy prices up 2.9% month on month, the largest monthly gain since 2007.

- Date: 2022-06-22 · published 2022-06-22T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/40946-soaring-butter-prices-put-dairy-market-and-retail-prices-under-pressure-report
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Butter shortages and high Class IV values are pushing up milk prices, but high retail costs may shift consumers to cheaper substitutes. That could eventually cut demand for dairy products.

## Read by commodity

- MILK: bullish ▲

## Sources

- en.edairynews.com: https://en.edairynews.com/soaring-butter-prices-put-dairy-market-and-retail-prices-under-pressure-report-finds/

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