# Lee Mielke: Cheese prices climbing again | Capital Press

> CME block Cheddar closed the week of March 15 at $1.56 per pound and barrels at $1.4925, both higher on the week. Butter was $2.28 per pound. Midwest cheesemakers reported seasonally quiet orders while Western production was active with heavy inventories.

- Date: 2019-03-19 · published 2019-03-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60099-lee-mielke-cheese-prices-climbing-again-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Cheese and butter prices are rising, which generally lifts milk class prices. Heavy Western inventories and quiet Midwest orders limit how far the rally can extend.

## Read by commodity

- MILK: bullish ▲

## Sources

- capitalpress.com: https://capitalpress.com/2019/03/19/lee-mielke-cheese-prices-climbing-again/

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