Cheese Prices Fall to Lowest Levels Since April on CME Markets

Cheese prices on the Chicago Mercantile Exchange (CME) continued to decline, with blocks and barrels both dropping to their lowest levels since April. Blocks fell $0.0375 to $1.6450 per pound, while barrels slipped $0.0300 to $1.6500 per pound. Trading activity was minimal, with just one lot of each changing hands.