In only nine trading days, the block cheese market rocketed an astonishing 32 cents, and at least one analyst believes it will exceed $2 before turning around.
LYNDEN, Wash.--An anticipated cheese shortage--expected to occur months from now--has arrived early, driving block prices to $1.93 on March 16. Market analyst Jerry Dryer told Dairyline.com that …
LYNDEN, Wash.—An 11-cent price run-up since the start of March pushed block cheese up to $1.60 per pound on March 9. The price is the highest paid at the Chicago Mercantile Exchange since Oct …
CHICAGO—Reports of exceptionally tight milk supplies have sent the block cheese market soaring nearly 9 cents per pound over the last three trading days. The price of 40-pound blocks sold at …
PATERSON, N.J.—The Securities and Exchange Commission (SEC) has settled charges against the former executives of now-defunct New Jersey cheese maker Suprema Specialties and some of its vendors …
LYNDEN, Wash.--Dairy market analyst Jerry Dryer believes recent concerns over mad cow disease will have a negligible effect on cheese prices as other market forces will have a balancing impact on …
LYNDEN, Wash.—Block cheese prices are likely to drop to the low $1.20s, according to dairy economist Bill Brooks, of the Downes-O'Neill Dairy Team in Chicago. According to Dairyline.com, Brooks …
LYNDEN, Wash.—Dairy analyst Jerry Dryer predicted in a Dairlyline.com report that prices for 40-pound cheddar blocks traded on the Chicago Mercantile Exchange will drop only to about $1.30 …
TORONTO -- Shares in Canadian dairy giant Saputo are rising amid rumors that the company may be interested in acquiring assets of U.S. dairy giant Land O' Lakes. According to Reuters, Land O' Lakes …
FOND DU LAC, Wis. -- The price of block cheese traded at the Chicago Mercantile Exchange hasn't moved from its $1.60 price since Aug. 4. And according to The Country Today, that has some industry …
DES MOINES, Iowa -- Pizza companies -- especially larger ones -- should have protected their profits by hedging milk futures and options, said John Glass, an analyst at CIBC World Markets. According …
NAPLES, Italy -- A Japanese man took this year's title of best pizza maker at an annual pizza festival held here. According to Kyodo News, Makoto Onishi, 23, made a basic pie of tomato sauce and …
DALLAS -- Pizza Hut reportedly will introduce reduced-fat toppings and cheese and offer prepackaged salads this fall. According to a report in the Courier-Journal, while a single slice of Pizza Hut's …