# September Market Report - Jacoby

> Jacoby's September market report says US dairy markets have been unusually stable, with cheddar blocks trading between $1.50 and $1.75 and butter holding a $2.32 to $2.52 support range. Whey and nonfat dry milk prices are also described as range-bound, with NDM breaking lower after EU intervention sales were announced.

- Date: 2017-10-31 · published 2017-10-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68462-september-market-report-jacoby
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Flat dairy prices and firm EU intervention stocks keep dairy-based feed ingredient values under pressure. Price channels suggest no major move is imminent.

## Read by commodity

- MILK: neutral

## Sources

- jacoby.com: https://www.jacoby.com/market-report/september-market-report/

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