Batavia, NY - Cheese prices plunged this week with blocks giving up 54.75 cents and barrels, 71.75 cents. In the last two weeks, blocks have fallen a total of 84 cents, and barrels, 93 cents - knocking more than $8.00/cwt off the Class III milk price. Butter and nonfat dry milk prices have also declined and are down $0 ...
World food prices increased in July led by vegetable oils, dairy products and sugar, extending a rebound from last month after sharp falls triggered by the pandemic, the UN food agency said Thursday, Reuters reported.
Batavia, NY – This week, our conversations shifted and were more price-negative in tone. On the supply-front, processors and cooperatives are rolling back Coronavirus-related restrictions. Farmers are responding and the additional production is already stressing manufacturing capacity.