September 17, 2018
Global Dairy Weekly (week ended September 14, 2018)
An eFeedLink Exclusive
By JERRY DRYER and MATT GOULD, DAIRY & FOOD MARKET ANALYST
CME cheese prices tumble
Philadelphia, PA - Cheese prices ended the week much lower with barrels closing today down 8.00 cents vs. last Fri to $1.4200/lb and blocks down 5.75 cents to $1.6050/lb. The last time barrels were near this price level was on 30 Jul when barrel prices ticked down to $1.4050/lb. A little over two weeks later, prices rallied as high as $1.6750/lb.
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