# Dairy prices riding a roller coaster | Capital Press

> Dairy prices rose early in August, with cheddar blocks reaching $1.7875 per pound before closing the week of Aug 4 at $1.6975. Barrels hit $1.66 before finishing at $1.53, both well below year-ago levels. Chinese cheese demand was reported at record highs, with US volumes to China up from a year earlier.

- Date: 2017-08-08 · published 2017-08-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69617-dairy-prices-riding-a-roller-coaster-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Cheese prices are volatile but remain below last year, and export demand from China supports the cheese complex. Milk supply trends and export flows will determine whether prices hold these levels.

## Read by commodity

- MILK: neutral

## Sources

- capitalpress.com: https://capitalpress.com/2017/08/08/dairy-prices-riding-a-roller-coaster/

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