# Winter weather, lackluster cheese demand affecting dairy prices | Dairy | leadertelegram.com

> CME block cheddar fell to $1.35 per pound the week of March 13, its lowest since May 2016, before rebounding to $1.40 on March 17. Barrels hit $1.35 and then recovered to $1.3650, as Winter Storm Stella disrupted the Northeast and cheese demand stayed lackluster.

- Date: 2017-03-20 · published 2017-03-20T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/72008-winter-weather-lackluster-cheese-demand-affecting-dairy-prices-dairy
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weak cheese demand and abundant fresh cheese keep dairy prices under pressure, with spot milk priced well under Class III.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-08-31 | [Rising production costs will keep dairy farm margins tight](https://feedsoft.ai/events/45574-rising-production-costs-will-keep-dairy-farm-margins-tight.md) | +4.8% | +3.5% |
| MILK | 2025-01-04 | [Mild Winter Boosts US Milk Production Amid Market Fluctuations \| The Bullvine](https://feedsoft.ai/events/6083-mild-winter-boosts-us-milk-production-amid-market-fluctuations-the-bullvine.md) | -1.3% | -0.4% |
| MILK | 2017-11-24 | [Futures File: Milk market frothy; buyers want soybeans; U.S. dollar tumbles – Greeley Tribune](https://feedsoft.ai/events/9915-futures-file-milk-market-frothy-buyers-want-soybeans-u-s-dollar-tumbles-greeley.md) | -8.8% | -8.2% |
| MILK | 2022-07-06 | [Ag Alert](https://feedsoft.ai/events/8552-ag-alert.md) | +2.5% | +1.9% |

## Sources

- leadertelegram.com: https://www.leadertelegram.com/country-today/farm/dairy/winter-weather-lackluster-cheese-demand-affecting-dairy-prices/article_8dc20add-faa3-5255-a417-c4859783fd7a.html

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