Cheese Block cheese prices continued their climb up last week on the Chicago Mercantile Exchange, averaging $1.48 per pound, up 7 cents from the previous week's average. Prices closed at just above $1.46 per pound on Monday, just under $1.48 per pound Tuesday and Wednesday, just under $1.49 per pound Thursday and $1.50 per pound on Friday. Cheese prices are up 25 percent compared with last year, when they averaged $1.19 per pound.
Wheat Prices for wheat on the Minneapolis Grain Exchange closed at just above $5.14 per bushel last Friday, up 6 cents from the previous Friday's close of $5.08. Wheat prices closed at just under $5.12 Monday per bushel, just above $5.11 per bushel Tuesday, just under $5.12 per bushel Wednesday and just under $5.15 per bushel on Thursday. Gasoline and diesel fuel The nationwide average for regular unleaded gasoline was $2.79 per gallon May 24, according to AAA and the Oil Price Information Service, down 8 cents from the previous week. Prices are off slightly from an average of $2.85 per gallon a month ago and off 15 percent from an average of $2.42 per gallon this time last year. Mid-range unleaded currently averages $3 per gallon while premium unleaded as of May 24 stood at $3.07 per gallon. The nationwide average price for diesel fuel stood at $3.05 per gallon May 24, down 5 cents from the previous week. Diesel prices are up 31 percent from an average of $2.32 per gallon this time last year. Natural gas Natural gas spot prices rose at most market locations across the lower 48 States last week, according to the Energy Information Administration. The Henry Hub natural gas spot price increased about 2 percent since last Wednesday, from $4.18 per million Btu to $4.28 per MMBtu. Pizza company stocks Shares in Pizza Hut parent Yum! Brands Inc. closed at $40.15 on May 21, off 42 cents cents compared with the previous week's close of $40.57. YUM traded at a 52-week high of $44 in May 2010 and a 52-week low of $32.24 in May 2009. Domino's closed at $12.98, off cents compared with the previous Friday's close of $13.55. DPZ has traded as high as $16.32 in May 2010 and as low as $7.05 in July 2009, over the past 52 weeks. Papa John's stock closed at $25.21, off 26 cents compared with the previous Friday's close of $25.47. PZZA traded at a 52-week high of $28.84 in May 2010 and a 52-week low of $21.44 in December 2009. Shares in CEC Entertainment Inc., parent company of Chuck E. Cheese restaurants, closed at $38.58, off $2.04 compared with the previous week's close of $40.62. CEC traded at a 52-week high of $41.61 in May 2010 and a 52-week low of $24.69 in October 2009. California Pizza Kitchen closed at $19.53 on May 21, off 49 cents from the previous week's close of $20.06. CPKI traded as high as $22.92 in May 2010 and as low as $12.29 in December 2009. Pizza Inn closed at $1.86 on May 21, unchanged from the previous week's close. PZZI traded at a 52-week high of $2.25 in March 2010 and a 52-week low of $1.45 in May 2009.