# Dairy product prices show strength

> Dairy product prices strengthened through April, with CME cheddar blocks rising from a low of $1.74 to about $1.79 and cheddar barrels climbing to $1.80. Butter reached $1.79 and nonfat dry milk $1.24 per pound. The April Class III milk price is projected near $17.70, up from $16.15 in March.

- Date: 2021-04-29 · published 2021-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47610-dairy-product-prices-show-strength
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher cheese, butter and whey values lift the Class III and Class IV milk price formulas, improving returns for dairy producers and supporting feed demand from dairy herds.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/management/dairy-product-prices-show-strength

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