Cheese slips below govt. support price

Quote :

"LOUISVILLE, Ky.—Feb. 24 block cheese traders at the Chicago Mercantile Exchange saw prices drop nearly 2 cents to $1.1275 a pound, just below the government price support level of $1.13. Though foodservice demand is strong, retail demand is flat, and analysts say the voluminous milk supply coming from the nation's dairy herd will pressure prices for the foreseeable future."

http://www.pizzamarketplace.com/news_story.htm?i=24135

Dairy News: Milk, Cheese & Butter Prices Down

Quote :

"Cheddar Cheese prices received for US 40 pound Blocks averaged $1.25 per pound for the week ending February 18. The price per pound decreased 2.7 cents from the previous week. The price for US 500 pound Barrels adjusted to 38 percent moisture averaged $1.22 per pound, down 1.6 cents from the previous week. Butter prices received for 25 kilogram and 68 pound boxes meeting USDA Grade AA standards averaged $1.22 per pound for the week ending February 18. The U.S. price per pound decreased 2.0 cents from the previous week. Nonfat Dry Milk prices received for bag, tote and tanker sales meeting USDA Extra Grade or USPH Grade A standards averaged 87.1 cents per pound for the week ending February 18. The U.S. price per pound decreased 1.6 cents from the previous week. Dry Whey prices received for bag, tote and tanker sales meeting USDA Extra Grade standards averaged 35.6 cents per pound for the week ending February 18. The U.S. price per pound increased 0.5 cent from the previous week."

http://www.cattlenetwork.com/content.asp?contentid=19388

2/27/2006 5:19:14 PM