# Mielke: Cheese prices rally | Capital Press

> CME Cheddar blocks closed the third week of January 2020 at $1.9625 per pound, up 9.25 cents on the week. Barrels rallied to $1.5625, and strong Super Bowl cheese orders supported demand into January.

- Date: 2020-01-21 · published 2020-01-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55107-mielke-cheese-prices-rally-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firm cheese demand and rising block prices support US milk values, which can improve dairy farmer income and feed purchasing. The move is routine price action.

## Read by commodity

- MILK: bullish ▲

## Sources

- capitalpress.com: https://capitalpress.com/2020/01/21/mielke-cheese-prices-rally/

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