Daily Cheese Prices as reported by Hoard's Dairyman

December 17

  Next update:
December 18






CME 40-lb. blocks
unchanged at
$1.6075






500-lb. barrels
up 1 to
$1.5875

Daily Cheese Prices

On December 17 The Chicago Mercantile Exchange reported 40-pound blocks unchanged at $1.6075, 500-pound barrels up 1 to $1.5875. Support prices for blocks start at $1.31, barrels at $1.28. Place your cursor on the bars and click to see the day's prices.

Chicago Mercantile Exchange cash cheese trading takes place daily from 10:45 to 10:55 a.m. with a closing call that can go a maximum of another 10 minutes. Our chart reports the last five trading days. Yearly activity can be found at Chicago Mercantile Exchange Cheese

These prices are from the Chicago Mercantile Exchange, a daily spot-market for cheese. Until, September 1, 1998, cheese trading took place once a week on Thursdays. The Chicago Merc replaced the National Cheese Exchange on May 1, 1997. Historically, the National Cheese Exchange was an important market for pricing 80 to 90 percent of the wholesale cheese in the U.S. Also, the NCE had a tremendous influence on farm milk prices because of the great effect it has on the Basic Formula Price (BFP); the BFP is the foundation price for all prices under federal milk marketing orders.