So what's going on with cheese? Well, there are a few factors that are influencing prices which include expanding production capacity, smaller exports, and some of the slowest domestic consumption growth we've seen in decades. However, the cure for low prices is always low prices and exports are expected to increase in the coming months. Further, as shown in the chart at top, milk cow prices are at record highs up 62 (think: Jason Kelce) percent from October 2022 which should continue to limit the milk cow herd. Want to learn how Datum FS can help you anticipate commodity volatility? Learn more by exploring this website or fill out the form below. Thanks for reading.