# Lee Mielke: Cheese prices continue to strengthen | Capital Press

> Cash cheese prices strengthened into the Valentine's Day week, with CME blocks reaching $1.5950 per pound. Barrels rose to $1.4350, their highest since September 2018. Arctic weather in the West also killed over 1,800 dairy cows in Yakima Valley.

- Date: 2019-02-19 · published 2019-02-19T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/9988-lee-mielke-cheese-prices-continue-to-strengthen-capital-press
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger US cheese prices and cow losses from cold weather tighten domestic milk supply, supporting dairy prices. A strong dollar and tariffs, however, reduce US cheese competitiveness in export markets.

## Read by commodity

- DXY: bullish ▲
- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2019-02-27 | 5 | +9.3% | 3.5 | Cheese blocks at $1.595 and barrels at a multi-month high directly lift Class III value, while cow deaths from cold trim supply. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2019-01-03 | [Tight margins, weather slow global milk production \| Capital Press](https://feedsoft.ai/events/7674-tight-margins-weather-slow-global-milk-production-capital-press.md) | +1.7% | +1.5% |
| MILK | 2018-01-02 | [Dairy prices lift as milk volumes tighten](https://feedsoft.ai/events/5207-dairy-prices-lift-as-milk-volumes-tighten.md) | -10.1% | -9.9% |
| MILK | 2026-02-02 | [US winter storm drives up CME milk price - Milk News \| Boerenbusiness. Nl](https://feedsoft.ai/events/6654-us-winter-storm-drives-up-cme-milk-price-milk-news-boerenbusiness-nl.md) | +5.2% | +2.1% |
| MILK | 2026-08-04 | [Econ Roundup: Demand Supports Milk Prices, Feed Costs Rising - NMPF](https://feedsoft.ai/events/4737-econ-roundup-demand-supports-milk-prices-feed-costs-rising-nmpf.md) | +6.8% | +6.4% |
| MILK | 2026-07-22 | [Hot Weather Gives Cheese Markets a Boost as Milk Supplies Tighten - Dairy Herd](https://feedsoft.ai/events/18528-hot-weather-gives-cheese-markets-a-boost-as-milk-supplies-tighten-dairy-herd.md) | +0.2% | +5.0% |
| DXY | 2024-11-14 | [Trump continues to cast doubt on grain market - Grains & Commodities Analysis \| Boerenbusiness. Nl](https://feedsoft.ai/events/12341-trump-continues-to-cast-doubt-on-grain-market-grains-and-commodities-analysis.md) | -0.1% | -0.0% |
| DXY | 2026-06-07 | [Corn, soybeans futures decline on US weather, dollar strength - Markets - Business Recorder](https://feedsoft.ai/events/10646-corn-soybeans-futures-decline-on-us-weather-dollar-strength-markets-business.md) | -0.5% | +0.6% |
| DXY | 2020-09-24 | [Wheat prices rose because of lower production forecast for Argentina](https://feedsoft.ai/events/10435-wheat-prices-rose-because-of-lower-production-forecast-for-argentina.md) | -0.3% | -1.8% |

## Sources

- capitalpress.com: https://capitalpress.com/2019/02/19/lee-mielke-cheese-prices-continue-to-strengthen/

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