# Cheese, powder prices rebound | Capital Press

> Cheddar blocks closed at $1.565 per pound and barrels at $1.345 on the week, both up on the week after the GDT auction. Both remain well below year-ago levels.

- Date: 2018-01-23 · published 2018-01-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67128-cheese-powder-prices-rebound-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A short-term cheese and powder rebound offers modest relief for milk prices, but levels remain below last year and do not change the bearish outlook.

## Read by commodity

- MILK: bullish ▲

## Sources

- capitalpress.com: https://capitalpress.com/2018/01/23/cheese-powder-prices-rebound/

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