Month: July 2020

07/31/2020 Losses in spot cheese accelerated this week as buyers made only feeble attempts to stem the momentum lower. The record spread between the block and barrel price has been corrected, with blocks actually at […]

07/24/2020 Block cheese suffered more losses this week, but it was a more ordered affair than last week’s sudden crash. Barrels managed to finish the week in the green along with butter and dry whey, […]

07/17/2020 Just to prove it could be done, block cheese set a new record high of $3.00/lb on Monday, but it was all downhill after that. Buyers stepped occasionally to pick up a few loads, […]

07/10/2020 Records were made to be broken, and spot block cheese did that with gusto this week, jumping 24¢ to set a new all-time record high. Sellers were willing to part with product all the […]

07/02/2020 A new government Section 32 bid for 17 million lbs of cheddar cheese seemed to give block buyers enough confidence to begin buying again after last week’s sell-off. At these elevated spot prices, more […]