# Cheese slipping, but butter unsure | Capital Press

> US block cheddar closed the week of February 13 at $1.58 per pound and fell to $1.53 on February 21, its lowest since October. Cash butter held near $2.15 per pound, and nonfat dry milk was 87 cents per pound amid trade policy uncertainty.

- Date: 2017-02-21 · published 2017-02-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72492-cheese-slipping-but-butter-unsure-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weak cheese prices, heavy cheese stocks and softer nonfat dry milk point to lower dairy product values, pressuring milk prices and the value of dairy ingredients in feed.

## Read by commodity

- MILK: bearish ▼

## Sources

- capitalpress.com: https://capitalpress.com/2017/02/21/cheese-slipping-but-butter-unsure/

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