Cheese prices rise as seasonal demand increases

In this weekly Commodities Watch column, John T. Barone, president and commodities analyst for Market Vision Inc., offers a snapshot of the state of commodities for restaurants.

Cheese in cold storage dropped 1.6 percent in November after a 4.3-percent decline in October, pointing to decent holiday cheese sales that look to remain seasonally strong through the football playoffs.

Block cheese prices over the past six weeks have jumped 13.5 percent, from $1.80 per pound on Nov. 13 to $2.04 per pound on Jan. 3.

Cheese futures prices are trading at $1.86, on average, for the first half of 2014 and $1.74 for the second half. A futures average of $1.80 for

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