# Dairy prices begin to climb | Capital Press

> US dairy prices were mostly higher in the week ending April 6, with CME cheddar blocks closing at $1.6025 per pound and blocks reaching $1.64, the highest since November 2017. Cash butter also rose on the week, though analysts noted cheese inventories exceed demand.

- Date: 2018-04-10 · published 2018-04-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65652-dairy-prices-begin-to-climb-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firmer cheese and butter prices improve dairy processor returns, but the commentary on excess inventories suggests the rally may be limited.

## Read by commodity

- MILK: bullish ▲

## Sources

- capitalpress.com: https://capitalpress.com/2018/04/10/dairy-prices-begin-to-climb/

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