# Milk Prices Hit The $17 Mark - EDairy News English

> CME Class III futures for the second half of 2019 closed near $17.00 per cwt. Butter settled at $2.34, cheddar blocks at $1.67, and nonfat dry milk at $1.04. USDA's latest milk production report showed the national herd down slightly from March with total output up 0.1% year over year.

- Date: 2019-05-22 · published 2019-05-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59086-milk-prices-hit-the-17-mark-edairy-news-english
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stable to firm dairy futures and flat cash prices suggest steady dairy demand for feed, with limited near-term price shocks.

## Read by commodity

- MILK: neutral

## Sources

- en.edairynews.com: https://en.edairynews.com/milk-prices-hit-the-17-mark/

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