# Cheese up, butter down on dairy market – Histórico eDairyNews

> Cash cheddar blocks closed the week at $1.51 per pound, up 4.75 cents, while barrels reached $1.36. Spot and contract milk was abundant in the Midwest, with prices ranging from $1 over to $4 under Class III.

- Date: 2018-02-14 · published 2018-02-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66490-cheese-up-butter-down-on-dairy-market-historico-edairynews
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Abundant milk and the wide block-to-barrel spread signal soft cheese demand relative to supply, a mildly bearish factor for dairy prices.

## Read by commodity

- MILK: bearish ▼

## Sources

- history.edairynews.com: https://history.edairynews.com/paises/cheese-up-butter-down-on-dairy-market/

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