# Blocks fall fifth consecutive week | Capital Press

> Cash block cheddar fell for a fifth consecutive week to $1.5250 and barrels closed at $1.3525. Butter ended higher at $2.6425, while inventories remained heavy and extra milk was available at discounts.

- Date: 2017-07-05 · published 2017-07-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70116-blocks-fall-fifth-consecutive-week-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Heavy cheese inventories and discounted milk weigh on dairy product prices and milk values.

## Read by commodity

- MILK: bearish ▼

## Sources

- capitalpress.com: https://capitalpress.com/2017/07/05/blocks-fall-fifth-consecutive-week/

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