Cheese Producers News: Consumer Prices and CME Trends for the Week Ending August 25, 2023

The cheese market continues to stay strong in Europe, with milk production decreasing and demand for cheese increasing across retail and food service markets. Cheese makers report tight availability of milk but are meeting the higher levels of demand.

Warehouse inventories are also low, with some firms unable to meet customer requests. Prices remain unchanged from last week, but suppliers indicate that quoted prices for October cheese shipments have increased.

Foreign Type Cheese Wholesale Price Adjustments

The US domestic cheese prices have gone up $.0450 for blue, gorgonzola, parmesan, and romano. All other prices remain unchanged, as detailed below:

Wholesale Selling Prices: FOB Distributors Dock Dollars Per Pound (1000 - 5000 Pounds, Mixed Lots)

New York Variety: Imported/Domestic

• Blue - 2.6400-5.2300 / 2.3375-3.8250*
• Gorgonzola - 3.6900-5.7400 / 2.8450-3.5625*
• Parmesan – N/A / 2.7275-4.8150*
• Romano – N/A / 3.5275-5.6825*
• Sardo Romano (Argentina) - 2.8500-4.7800 / N/A
• Reggianito (Argentina) - 3.2900-4.7800 / N/A
• Jarlsberg – 2.9500-6.4500 / N/A
• Swiss (Finland) – 2.6700-2.9300 / N/A

* = Price change. Information for the period August 21 - 25, 2023, issued weekly.

These figures suggest that cheese prices remain competitive, making exports an attractive option for purchasers. There is a steady demand for cheese across the region, making it a must-have item for buyers.

It is clear that the cheese market will remain strong, with stable prices and supply and demand in balance. To keep up with any changes in the market, be sure to follow our LinkedIn page to get notified of articles as soon as they come out.