USDA’s Monthly Dairy Products Report shows total cheese output, excluding cottage cheese, was 1.19 billion pounds, in October, 0.8% above October of last year and 3.9% above September.
Dairy Markets seemed to have found a floor, for now. www.dairyherd.com reports, on the CME Spot auction, Block Cheese went down $0.02, settling out at $1.64 ¼ with 9 lots traded.