MD_DA851

     Cheese Highlights

     Report 47 - Released on November 24, 2021

     Cheesemakers are receiving more milk as other fluid milk intake plants add day(s) off for
     the holiday. Spot milk prices ranged from Class III to $2 under Class in the Midwest. Cheese
     demand is mixed, particularly on the food service side. Hauling and shipping delays continue
     to hinder cheese sales, both domestic and international. Cheese is generally available for
     spot purchases. Market tones are akimbo, as there is a relatively large price gap as block
     prices overshadow barrel prices.

     Information for the period November 22 - 26, 2021, issued weekly

     Secondary Sourced Information:

     The weekly average price for CME barrels is $1.5200, compared to $1.4795 last week. CME
     blocks’ weekly average is $1.8575, compared to $1.7235 last week.

     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov