# Record High Cheese Stocks Weigh on Milk Prices, But Should They? | Farm Bureau Intel Markets | American Farm Bureau Federation

> USDA's April cold storage data showed record March cheese inventories of 1.3 billion pounds, with butter and American cheese stocks at their highest since the 1980s and 1990s. Nonfat dry milk stocks reached 260 million pounds, close to the 2015 record.

- Date: 2017-05-01 · published 2017-05-01T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/71022-record-high-cheese-stocks-weigh-on-milk-prices-but-should-they-farm-bureau
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Record dairy stocks create a heavy supply overhang that pressures cheese and milk prices until inventories are worked down.

## Read by commodity

- MILK: bearish ▼

## Sources

- fb.org: https://www.fb.org/intel/markets/record-high-cheese-stocks-weigh-on-milk-prices-but-should-they

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