# Dairy prices climb out of doldrums | Capital Press

> Most CME dairy prices rose in the first week of May 2017 despite heavy product volume. Cash cheddar blocks closed at $1.60 per pound, the highest since mid-February, and butter closed at $2.1075, with the most cars sold since August 2014.

- Date: 2017-05-09 · published 2017-05-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71016-dairy-prices-climb-out-of-doldrums-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firm cheese and butter prices support Class III and IV milk returns, though heavy milk flows and record inventories limit the upside.

## Read by commodity

- MILK: bullish ▲

## Sources

- capitalpress.com: https://capitalpress.com/2017/05/09/dairy-prices-climb-out-of-doldrums/

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