Cheddar – the king of cheeses at £2000 per tonne?

The combination of high global demand for milk and variable weather has led to a rapid rise in the price of milk. Cheese is made from milk (sorry to state the obvious!) and so cheese prices have risen to a new high in excess of £2000 per tonne and further price hikes are expected. One conclusion that could be drawn from this is that it is better to have a takeaway pizza now rather that in a month’s time, but what other effects is this price increase for milk likely to have?

Cheddar hits £2,000 a tonne as global milk demand soars Guardian (15/7/07)

Questions