# Mielke: Cheese prices climb higher | Capital Press

> Cash block cheddar closed at $2.6475 per pound on Oct. 9, up 3.75 cents on the week, and reached $2.7175 on Oct. 13, the highest since July 15. Barrels closed at $2.0550 and hit $2.14. Mielke reports that Midwest cheese demand was mostly positive, while export demand has cooled due to higher U.S. prices.

- Date: 2020-10-13 · published 2020-10-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50798-mielke-cheese-prices-climb-higher-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firmer cheese prices lift Class III milk values and support dairy-sector demand for feed. Cooling export demand is a modest offset.

## Read by commodity

- MILK: bullish ▲

## Sources

- capitalpress.com: https://capitalpress.com/2020/10/13/mielke-cheese-prices-climb-higher/

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