LOUISVILLE, Ky. — Now here's an after-Christmas sale that would interest any pizza operators. Block cheddar prices dropped sharply on Dec. 27 when traders returned to the Chicago Mercantile Exchange after the Christmas holiday. Before the break, blocks traded at $1.43, but when the cheese session closed, prices dove 6 cents to settle at $1.37. Dec. 28 trading saw prices slip one-quarter of a penny further, but one offer remained on the board, which could indicate further declines.

Less than two weeks ago, USDA predicted prices will hover in the $1.35-per-pound range for much of 2006.

Read more in our Cheese Market Analysis Research Center.

 

 

 

 

Related Content

User Comments – Give us your opinion!
Products & Services

Put your menu in your customers' pocket

http://global.networldalliance.com/new/images/products/1293.png

1293/Put-your-menu-in-your-customers-pocket

PCI Compliance Services

http://global.networldalliance.com/new/images/products/4892.png

4892/PCI-Compliance-Services

PCI Compliance Managed Network Services

http://global.networldalliance.com/new/images/products/4123.png

4123/PCI-Compliance-Managed-Network-Services

PeopleMatter HIRE™

http://global.networldalliance.com/new/images/products/4625.png

4625/PeopleMatter-HIRE

Sourcing

http://global.networldalliance.com/new/images/products/6407.png

6407/Sourcing

Digital Menu Boards

http://global.networldalliance.com/new/images/products/6681.png

6681/Digital-Menu-Boards

Granbury Websites

http://global.networldalliance.com/new/images/products/6815.png

6815/Granbury-Websites

Nationwide Criminal Records

http://global.networldalliance.com/new/images/products/Criminal_Search_iix.gif

1427/Nationwide-Criminal-Records

Dual Core Menu Board Media Player - $99

http://global.networldalliance.com/new/images/products/6677.png

6677/Dual-Core-Menu-Board-Media-Player-99

DriverAdvisor Fleet Monitoring

http://global.networldalliance.com/new/images/products/DriverAdvisor_iix.gif

1425/DriverAdvisor-Fleet-Monitoring

Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.