‘Head-scratching’ price rise pushes cheese to record high | The Desert Review

Cheese sales are experiencing record high sales!
“We’re all scratching our heads,” Tulare County dairy farmer Joey Fernandes said. “We just went through probably the worst April and May. If (the market) holds, it’ll be a huge recovery in the milk price.”

What’s been “eye-popping” about the current market rally, said Joel Karlin, market analyst for Western Milling in Goshen, is that prices for cheese in 40-pound blocks went from $1.60 a pound to a floor of $1, and then rebounded to a record $2.50 in the space of five weeks. Rarely have block cheese prices reached such high levels, he noted.