Cheese Prices Stabilize Blocks and barrels decline only slightly. This decline was modest compared to week-earlier declines.
Cheese production remains strong due to increased milk production and better cheese yields.
Butter showed some weakness this week. USDA reports that churning activity is increasing due to greater availability of cream. Fresh butter is readily available. So many buyers are holding off for holiday orders due to the declining prices. USDA released the Cold Storage report this week.