Cheddar Blocks Find Support As U.S. Milk Supplies Tighten
Following weeks of low prices — and the largest price spread between Cheddar blocks and barrels seen since earlier this year — Cheddar blocks on the Chicago Mercantile Exchange (CME) found some support this week as sales are steady and more milk is diverted to bottling plants in anticipation of schools opening.
Cheesemakers in the …