# Cash Prices Slip; Butter Climbing - EDairy News English

> Cash cheese blocks closed the second week of February at $1.5575 per pound, down 8.25 cents on the week, while barrels finished at $1.49. Butter was climbing, and spot milk prices stayed discounted with plenty of milk available for cheese production in the Midwest.

- Date: 2021-02-17 · published 2021-02-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/48646-cash-prices-slip-butter-climbing-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Ample milk supply and falling cheese prices point to continued softness in dairy markets, with limited near-term support for milk values.

## Read by commodity

- MILK: bearish ▼

## Sources

- en.edairynews.com: https://en.edairynews.com/cash-prices-slip-butter-climbing/

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