# Wild price swings show dairy’s volatility

> Dairy prices have rebounded sharply after collapsing in March and April, driven by a retail run on cheese and butter. Barrel cheddar was up 40% year on year on June 5 and butter had recovered to near year-earlier levels.

- Date: 2020-06-15 · published 2020-06-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52613-wild-price-swings-show-dairy-s-volatility
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

The rapid recovery in cheese and butter prices supports dairy values, but analysts expect continued volatility while COVID-19 disrupts consumer demand and supply chains.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/dairy-cattle/wild-price-swings-show-dairy-s-volatility

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