# Lee Mielke: Dairy prices start 2019  mixed | Capital Press

> Block cheddar closed the first week of 2019 at $1.4175 per pound and barrels at $1.3025, both well below year-earlier levels. Markets were quiet and traders expected discounts on milk to persist until mid-January, with USDA report delays due to the government shutdown.

- Date: 2019-01-08 · published 2019-01-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61109-lee-mielke-dairy-prices-start-2019-mixed-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weak cheese and milk prices reduce dairy farm incomes and signal soft demand for dairy products. Delayed USDA data adds uncertainty to dairy price discovery.

## Read by commodity

- MILK: bearish ▼

## Sources

- capitalpress.com: https://capitalpress.com/2019/01/08/lee-mielke-dairy-prices-start-2019-mixed/

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