November has been a rough month for the cheese market. In the last two weeks, there has not been an up day in cheese. Prices have been either even or down on the day. Total Farm Marketing Commodity Consultant Dustin Jonasson says cheese has moved below $2 a pound. “I think a portion of this has to do with the uncertainty of what a Biden win might mean for that (USDA) food box program that has led to a lot of government buying this past year.” Jonasson reminds dairy farmers to take advantage of opportunities when they come up. “2020 has been a good reminder of that. We had this rally in August that nobody saw coming and it was pretty counter-seasonal, but we had opportunity to lock in on feed.”
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.