June 22, 2020
 

 

 

Philadelphia, PA - Block Cheddar cheese prices set another record this week settling on Fri at $2.65/lb, an all-time high. This week, for the first time, our contacts broadly started using the word "shortage" to describe Cheddar cheese markets. Everyone we talk to wants to know when cheese prices will "fall back to Earth." We are of the belief that prices will eventually transition lower, not plummet.

 

To read the full version, please email editorial@efeedlink.com.