# Cheesier pizzas rescue dairy prices as Americans drink less milk

> US cheese consumption rose by the largest amount since 2000 over the past two years, while fluid milk consumption has fallen for six straight years. US milk production hit a record for a seventh straight year, and butter demand is also advancing.

- Date: 2017-01-12 · published 2017-01-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73119-cheesier-pizzas-rescue-dairy-prices-as-americans-drink-less-milk
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Strong cheese and butter demand is supporting milk prices despite oversupply, which underpins dairy income and feed demand. Continued record output limits how far prices can rise.

## Read by commodity

- MILK: bullish ▲

## Sources

- spokesman.com: https://www.spokesman.com/stories/2017/jan/12/cheesier-pizzas-rescue-dairy-prices-as-americans-d/

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