January 9, 2014 – USDA’s Dairy Market News (DMN) reports that cheese price increases through this Wednesday “show extraordinarily robust strength,” and is “both good news and bad news, depending on who is opining.” Good for manufacturers with strong recent sales and bad for manufacturers with recent sales less robust than anticipated.”
“This week some manufacturers have not received the volume of cheese orders by midweek that they anticipated when scheduling weekly production. Opinions as to factors vary – some related to current high cheese prices and others to extremely cold weather. Yet other manufacturers report selling extra loads last week into this week, with inquiries for extra loads into next week as well. One factor believed to be mitigating higher prices and weather, is this being the first full work week of the year for many buyers,” says DMN.