# Restrained milk production bodes well for prices, exports | Capital Press

> University of Wisconsin economists said restrained milk output in the US, New Zealand and EU should support prices and create US export opportunities. Cheese prices have eased from about $3 to $2.62 per pound, but remain about $1 above global levels, which could challenge exports.

- Date: 2020-07-29 · published 2020-07-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52124-restrained-milk-production-bodes-well-for-prices-exports-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower global milk supply supports dairy prices, though cheese export competitiveness is constrained while US prices remain above world levels.

## Read by commodity

- MILK: bullish ▲

## Sources

- capitalpress.com: https://capitalpress.com/2020/07/29/restrained-milk-production-bodes-well-for-prices-exports/

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