# Analyst expects cheese and milk futures to level off soon - Brownfield Ag News

> An analyst said cheese prices had reached a point that required a correction, with the block-barrel spread widening to a record near 35 to 40 cents before narrowing to about 15 cents. January Class III futures fell almost the limit, down 75 cents per hundredweight, on the decline. The analyst expects prices to level off and possibly recover.

- Date: 2019-12-17 · published 2019-12-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55736-analyst-expects-cheese-and-milk-futures-to-level-off-soon-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A sharp drop in Class III futures weakens expected milk income and could slow dairy herd expansion, reducing demand for dairy feed over time. The expected leveling off suggests the decline may be a correction rather than a sustained trend.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/analyst-expects-cheese-and-milk-futures-to-level-off-soon/

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