I d like to correct a few errors made in the past few weeks. However, process cheese can be sold in two pound and five pound loaves. Each can have a different market price.
Cheese prices remain very low due to seasonal surpluses, average demand, and growing stocks.
The market has no new information to act on and seems content just to leave prices at low levels. USDA reports that cheese production is steady to slightly heavier, reflecting seasonal increases in the milk supply. Cheese trades everyday at the Chicago Mercantile Exchange. Normally, cheese sold in the Midwest is about 2-5 cents per pound higher than cheese prices in the West. Some of this difference is in transportation costs.