Wednesday, November 25, 2009

Cheddar Price

Cheddar prices have been rising on the CME but, nothing like world prices, From Dairy Market News:

MD_DA128
DA
MD DA128 Cheddar Cheese - Oceania

MADISON, WI. November 25, 2009 (REPORT 47)

OCEANIA
INFORMATION GATHERED 11/16/2009 - 11/27/2009
U.S. DOLLARS PER METRIC TON, FOB PORT

CHEDDAR CHEESE: Oceania cheese markets are firm with prices higher and, in
instances, sharply higher. Cheese manufacturers are voicing concern with milk
availability during the second half of the current milk production season. In
most areas, milk output is past peak levels which often did not attain projected
or desired levels. Cheese producers are hopeful that milk volumes will be able
to be maintained at high levels for a longer period of time on the downside of
the season to help offset what was not realized during the first half.

39% MAXIMUM MOISTURE: 4,000 - 4,700


A metric ton is 2204.6 lbs so the high side is $2.13 per pound

1 comment:

  1. Correct me if i'm wrong, but I beleive you get 11 pounds of cheese yeild, out of 100 pounds of milk. (Without MPC fortification) So if it's $2.13 per pound, then just off cheese alone on that 100 pounds of raw milk, they made $23.43 a hundred weight?

    That a boy USDA...haha

    ReplyDelete