Dairy prices have moved sharply higher this summer. Block Cheddar cheese prices on the Chicago Mercantile Exchange averaged below $1.40 per pound in June, jumped to $1.55 for July and look to average above $1.60 in August. Butter has surged from an average of $1.64 in June to $1.78 in July, and was above $2 per pound in late August, a six-year high. Last year, butter averaged $1.20 for the month of August. Fundamentals remain slightly bullish for prices. The Department of ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!