This field is for validation purposes and should be left unchanged.

The Cheese Report | February 22, 2024

Howdy Cheese Lovers!

This week, The Cheese Report sets sail on a voyage through the ever-changing waters of the cheese market. Buckle up as we explore quiet buying, international intrigue, and a recipe that’s sure to be the captain’s choice!

Midwestern Musings: A Calmer Course

Cheddar and Italian cheesemakers in the Midwest report calmer waters, with limited orders outside contracts. Pizza cheese sales seem to be cooling down in the East, but barrel producers remain steady, with cheese loads fetching good prices. Milk prices are cruising around Class III, a stark contrast to last year’s stormy seas. Cheese production has found its rhythm, slowly building cheddar inventories. Overall, the market remains cautious, navigating a bearish current.

Westward Whispers: A Mixed Bag

On the West Coast, varietal cheese demand is a light breeze, while food service picks up the pace. International buyers show steady interest, but Class III milk availability fluctuates. A recent health recall and processor downtime further tighten the market, leaving some cheesemakers with limited near-term inventories. Production schedules, however, remain steady.

European Escapes: Sunshine and Surprises

Across the pond, European cheese basks in the warm glow of strong retail demand. Food service, however, presents a mixed picture, with hesitant buyers and inconsistent purchasing. Industrial users, however, are steadily drawing on their contracts, and inquiries from outside the EU are rising. With approaching holiday tourism, the demand tide is expected to rise further. Production remains strong, ensuring enough cheese to meet current needs and keep inventories lean. Milk production in Germany is down compared to last year, while France is experiencing an upswing.

The Recipe: Captain’s Cheddar Chowder

To weather any market storm, a hearty and comforting dish is essential. This week, we set sail with a classic: Captain’s Cheddar Chowder. Imagine a rich and creamy broth, brimming with tender potatoes, crisp vegetables, and generous chunks of sharp cheddar cheese. Each spoonful is a warm embrace, perfect for chilly evenings or cozy gatherings. So grab your favorite cheddar, gather your crew, and prepare to embark on a flavor adventure!

Remember, cheese lovers: The cheese market may have its ups and downs, but the love for delicious cheese remains constant. So explore, experiment, and savor the journey!

The Cheese Report is a weekly SavorMinot column that combines the economics of the cheese markets with the magic of Minot’s events. It’s an informative celebration of a savory staple.

Sign Up for Today's Happenings!

This field is for validation purposes and should be left unchanged.
Avatar photo

SavorMinot.com

Looking for the fun, food, shopping, and events that can only be found in Minot? You've found it!

Coming Up in Minot!

savor: (verb) to enjoy completely.

Food, drink, and experience are the marrow of a place. They are each day partners to a life well-lived, and it's the unique, local businesses that give us the most to savor. SavorMinot is for them. For them to speak to you. Tell them you want to hear from them. Join our email list, follow us on social media.