# Cheese prices continue volatile ride

> Cheddar block prices swung sharply from April to September 2020, falling to $1 per pound in April, setting a $3 record in July and dropping below $2 in August. Cheddar barrels followed a similar path, and the Class III milk price moved from $12.14 in May to $24.54 in July before easing.

- Date: 2020-09-28 · published 2020-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6550-cheese-prices-continue-volatile-ride
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Large swings in cheese prices feed directly into the Class III milk price that sets farm milk checks, so volatility signals uncertain milk income and feed-buying budgets for dairy producers.

## Read by commodity

- MILK: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2020-09-29 | 1 | +19.4% | 5.0 | Extreme cheese price swings and Class III volatility show the market's sensitivity to block moves, consistent with a large one-day jump. |

## Sources

- farmprogress.com: https://www.farmprogress.com/dairy-cattle/cheese-prices-continue-volatile-ride

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