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Cheese (40# Blocks), US

US Cheddar is one of the main benchmarks in the international dairy market. The combined analysis ofprice, production, inventories, and exportsprovides valuable insights into supply and demand dynamics and helps explain the factors influencing price developments.

On this page,you can monitor the US Cheddar market
through CME (Chicago Mercantile Exchange) Cheese (40# Blocks) quotations,

together with production, inventory, and export data, analyzed both on a monthly basis and as rolling 12-month totals.

The analysis includes historical series, interactive charts, and comparisons with the main international Cheddar markets, allowing users to evaluate price trends and market dynamics. The charts below show the historical comparison between US and Oceania Cheddar prices expressed in US dollars, as well as the comparison between the same quotations converted into euros.

US, Chicago
Weekly prices of Cheese (40# Blocks)
US $ per lb US $ per ton ± on prev. price € per ton ± on prev. price
Friday 4 Sep 2026
1,4650 3.230 -6,39% 2.781 -6,15%
Friday 28 Aug 2026
1,5650 3.450 +2,45% 2.963 +2,77%
Friday 21 Aug 2026
1,5275 3.368 -4,53% 2.883 -5,73%
Friday 14 Aug 2026
1,6000 3.527 +2,89% 3.058 +2,97%
Friday 7 Aug 2026
1,5550 3.428 -1,11% 2.970 -1,68%
Friday 31 Jul 2026
1,5725 3.467 -2,18% 3.021 -2,89%
Friday 24 Jul 2026
1,6075 3.544 -1,23% 3.111 -0,58%
Friday 17 Jul 2026
1,6275 3.588 +5,17% 3.129 +4,88%
Friday 10 Jul 2026
1,5475 3.412 +8,03% 2.984 +7,69%
Friday 3 Jul 2026
1,4325 3.158 +0,88% 2.771 +0,38%
Source: Midwest up until 2002; CME from 2003 (40# Blocks)
Informative note
NOTE: The conversion US $ / € for each quotation is calculated using the exchange rate of the previous day.
USD

US
Price
of Cheese

Rolling year
Source: USDA
Processed: CLAL

US
Production
of Cheese

Rolling year
Source: USDA
Processed: CLAL

US
Stock
of Cheese

Rolling year
Source: USDA
Processed: CLAL

US
Export
of Cheese

Rolling year
Source: Census Bureau
Processed: CLAL

Visit the pages:

$/ton US
Cheese (40# Blocks)
OCEANIA
Cheddar Cheese
2018 2019 2020 2021 2022 2023 2024 2025 2026 % on prev. month % on 2025 2026 % on prev. month % on 2025
January 3.300 3.096 4.249 3.784 4.141 4.327 3.296 4.138 2.960 -1,01% -28,48% 4.654 +0,09% -3,46%
February 3.311 3.419 3.990 3.501 4.266 4.127 3.445 4.109 3.241 +9,50% -21,13% 4.725 +1,52% -4,67%
March 3.435 3.492 3.886 3.876 4.820 4.267 3.214 3.611 3.523 +8,72% -2,44% 4.900 +3,70% -1,26%
April 3.544 3.669 2.363 3.958 5.181 3.882 3.572 3.814 3.567 +1,25% -6,47% 4.825 -1,53% -4,10%
May 3.570 3.694 3.729 3.622 5.135 3.392 4.141 4.112 3.438 -3,62% -16,38% 4.681 -2,98% -10,19%
June 3.473 3.978 5.676 3.297 4.828 3.072 4.172 3.847 3.213 -6,54% -16,48% 4.600 -1,74% -8,11%
July 3.380 3.989 5.751 3.578 4.439 3.617 4.181 3.653 3.434 +6,86% -6,00% 4.142 -9,96% -14,82%
August 3.594 4.135 3.859 3.797 3.963 4.369 4.478 3.904 3.443 +0,28% -11,81% 3.869 -6,59% -17,10%
September 3.634 4.524 5.221 3.872 4.264 4.081 4.901 3.627 3.230 -6,20% -10,94%
October 3.457 4.510 5.967 3.935 4.459 3.814 4.222 3.885
November 3.084 4.350 4.181 3.886 4.736 3.558 3.764 3.428
December 3.074 4.110 3.537 4.172 4.599 3.298 3.982 2.990
Average* 3.405 3.914 4.367 3.773 4.569 3.817 3.947 3.760 3.339 4.549
Change (1) -4,63% +14,95% +11,59% -13,60% +21,09% -16,46% +3,42% -4,75% -13,69% -7,90%
* Arithmetic Average
1) change from the same period of previous year
  min price
  max price
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