Price gains in the Cheddar cheese and anhydrous milk fat markets nearly made up for losses in the butter, Mozzarella cheese, lactose, and skim milk powder markets. Cheddar cheese was up 4.2% to $4,702 ...
The decline in whole milk consumption has been somewhat offset by an increase in lower-fat options like 2%, 1%, and skim milk. Milk exports are also growing, which may seem beneficial for the industry ...