November 14, 2017
Global Dairy Weekly (week ended Nov 10, 2017)
An eFeedLink Exclusive
By JERRY DRYER and MATT GOULD, DAIRY & FOOD MARKET ANALYST
Turbulence in CME cheese markets
Philadelphia, PA- It was a tumultuous week in USA cheese markets. After closing at $1.7150/lb last Fri, blocks moved lower at the start of the week and bottomed at $1.6025/lb on Wed, but just one day later, shot up 11.25 cents and hit a high of $1.7150/lb. Today the market closed at $1.7100/lb. What happened?
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