As students head back to school, cheese sellers expect 'sharp increases' in demand; milk processors see increased activity.
August 12, 2013
Cheese shreds in 8-ounce packs were the most featured individual item this period, appearing in 12,755 ad features. The national price averaged $2.36, up 12 cents from two weeks ago. 8-ounce blocks, at $2.43, moved 7 cents higher from two weeks ago. Schools have reopened in the Southern tier of states across the nation sending an increasing number of milk loads to bottlers to meet the increased Class I demand.
Milk production continues to be impacted by weather conditions across wide areas of the United States; cheese plants are worried about milk supplies; and nonfat dry milk prices are moving higher across all regions in a firm market, reports the U.S. Department of Agriculture.
