Both are reflecting trends in the CME weekly averages. Due to national events, the CME was closed Tuesday and Wednesday. The CME released a news release that floor trading will resume at their normal times on Thursday. Overall, cheese production in the region is holding mostly steady with recent weeks.
Swiss demand remains steady to good with stock levels being balance by production.
Some stock building is occurring for fall needs. Sales of blocks are noted to continue to be more active than barrels. Retail sales are being assessed and indicated to be lower for packages cheddar sales. Undergrades are hard to move, especially with the availability of imports.