No one knows. C heese prices at the Chicago Mercantile Exchange increased marginally this week. There were no trades in blocks this week. Closing block and barrel prices at the CME this week represented the eleventh consecutive week of record highs. C heese demand is reported to be very firm.
Production schedules are limited and most production is already committed.
A rebound in the U.S. economy since low stock prices this summer may be fueling some of this demand. In any event, wholesale cheese prices may stabilize at current levels for a few more weeks. Copyright 1997-98, Contact MooMilk Produced by ISYS Idea Systems, Inc.