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Spot cheese was mixed, with blocks dipping to $2.2800 per pound and losing 3.5 cents, while barrels rose to $2.4350 per pound, tacking on five cents.
The new numbers show that net farm income will fall $6.5 billion or 4.4%. This is compared to projections released in February suggesting it would fall 26%.
General Mills will sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal.
As we navigate this busy season, let’s not forget to find grace in our exhaustion and find joy in the little things. Let’s remain connected, even if it’s just through a kind word or a simple gesture.
EU cheese prices remain the most expensive in the global market place at $2.42 per pound,