# Dairy prices encounter ups and downs | Capital Press

> Cheddar block futures closed at $1.6050 per pound and barrels at $1.46 during the second week of April, with blocks jumping to $1.63 after the Global Dairy Trade auction. Spot butter reached $2.32 per pound before slipping. Cheese demand was reported as generally positive, while inventories were heavy but not burdensome.

- Date: 2018-04-17 · published 2018-04-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65518-dairy-prices-encounter-ups-and-downs-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Mixed cheese and butter moves with heavy inventories leave dairy price direction uncertain in the near term.

## Read by commodity

- MILK: neutral

## Sources

- capitalpress.com: https://capitalpress.com/2018/04/17/dairy-prices-encounter-ups-and-downs/

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