# Analyst says "perfect storm" brought peak milk & cheese prices in November - Brownfield Ag News

> Analyst Mike North says the fourth-quarter 2019 dairy peak near $20 per hundredweight was driven by domestic demand, including strong retail cheese bids, a Mexican plant shortfall, and a government cheese purchase contract. He sees signs of renewed January cheese demand and regional milk tightness.

- Date: 2020-02-10 · published 2020-02-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54739-analyst-says-perfect-storm-brought-peak-milk-and-cheese-prices-in-november
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Domestic cheese demand and regional milk tightness support milk prices and dairy feed demand, though the peak was driven by one-off factors.

## Read by commodity

- MILK: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/analyst-says-perfect-storm-brought-peak-milk-cheese-prices-in-november/

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