# Mielke: Cheese prices falling again | Capital Press

> Cheddar blocks at the CME finished January at $1.5750 per pound, the lowest since May 2020, and barrels fell to $1.39. Cheese demand was mixed by type, with retail Cheddar sales firm but mozzarella and foodservice demand softer. Midwest cheese production stayed busy.

- Date: 2021-02-02 · published 2021-02-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/48649-mielke-cheese-prices-falling-again-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling cheese prices and busy production point to weak milk demand and continued pressure on dairy prices.

## Read by commodity

- MILK: bearish ▼

## Sources

- capitalpress.com: https://capitalpress.com/2021/02/02/mielke-cheese-prices-falling-again/

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