# Dairy prices remain precarious | Capital Press

> CME cash cheese fell for a fourth straight week, with blocks closing at $1.48 per pound on March 3. Global Dairy Trade's first auction of March saw its weighted average drop 6.3%, led by a 15.5% skim milk powder decline.

- Date: 2017-03-07 · published 2017-03-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/72005-dairy-prices-remain-precarious-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling cheese and skim milk powder prices and a weak GDT auction signal softer dairy demand and lower milk price expectations.

## Read by commodity

- MILK: bearish ▼

## Sources

- capitalpress.com: https://capitalpress.com/2017/03/07/dairy-prices-remain-precarious/

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