# Dairy Economic Update: November looking better -  | Ag Proud

> US cash cheese and butter prices rose during the week ending November 4, with cheddar blocks up 16.75 cents to $1.8310 per pound. The Global Dairy Trade index rose 11.4 percent at the November 1 auction, led by a 19.8 percent jump in whole milk powder.

- Date: 2016-11-09 · published 2016-11-09T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/73958-dairy-economic-update-november-looking-better-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Strong global and US dairy prices lift milk class values, supporting dairy feed demand and suggesting firmer milk prices ahead.

## Read by commodity

- MILK: bullish ▲

## Sources

- agproud.com: https://www.agproud.com/articles/28221-dairy-economic-update-november-looking-better

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