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northernms

Senior Member I
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Reply with quote  #1 

Cheese.. obviously at an all time high trading over $3/lb on blocks

Sysco and Reinhart on the market with 1.99/lb prices. 

FROZEN CHEESE FROM MARCH

FYI

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Ole Foodie

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Reply with quote  #2 
Most likely contracts being used on the street. Most all other distributors are with the market. Tough to explain to a customer when you are high 60’s on shreds and your competitor is $20 below you. Happens on eggs with Sysco and Reinhart as well. The crazy thing is, PFG is much higher than Reinhart. I read up on the dairy markets and there does not seem to be a real solid reason why the market took that big of a jump. I am being told fluid milk will jump as well. Multiple contracts were written for school startups so it will interesting to see how much the market moves. I was taught to be competitive my entire career. Selling products far less than the market price will make you look good to your customer short term. When you do go up, usually you are much higher than the saved difference you once had. We will see!!

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Salamiking

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Reply with quote  #3 
Yeah it’s been a real struggle. You have to tell your accounts about the price increases on cheese and when you do that opens the door for price shopping. Most of my accounts are pizza business and typically I’m 40 cents over block for a large account for shred and 60 cents for average size. Little money to be made and now more than ever I’m getting questioned on it. Nobody wants to raise their menu prices or switch from grande but something has to change or they can see themselves out of business.
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Salamiking

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Reply with quote  #4 
Also I find it comical that GFS marketplace shredded cheese has been going for $2.50-$2.70/lb but their reps can’t do that price so they are flocking to the marketplace for the same cheese. Has been going on for weeks.
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northernms

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Reply with quote  #5 
I was told some large government contract switched to using a cheddar cheese and it’s driving the demand and price.

It’s totally nuts. I sold mozz/ched shreds at $100 a case today
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Ole Foodie

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Reply with quote  #6 
The sad part is, last year the Federal Government had over 1.9 billion pounds of Processed American Cheese in storage! This was done to help with the overall Dairy Market as it was struggling! Now Milk, Cheese and most natural Dairy products are going up to all time highs in price! Go figure....SMH
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Investigator

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Reply with quote  #7 
Quote:
Originally Posted by Ole Foodie
The sad part is, last year the Federal Government had over 1.9 billion pounds of Processed American Cheese in storage! This was done to help with the overall Dairy Market as it was struggling! Now Milk, Cheese and most natural Dairy products are going up to all time highs in price! Go figure....SMH


You're full of shit. President Ronald Reagan shut down the Commodity Credit Corporation in the 1980's and that was the last time the government purchased dairy surplus. This program was a much needed subsidy for US dairy farmers. 

Like the Obama healthcare program, the Reagan admin shifted the tax payer subsidy from our independent dairy farmers over to the huge dairy cartel companies like Land O' Lakes. Land O' Lakes now processes sliced cheese(and other cheese related products)  for K-12 and in return they get 100% taxpayer subsidy for every dollar they charge K-12 school lunch program. My understanding is before Covid19 there were 30 million school lunches served each day. That's about 600 million per month. That' a huge taxpayer windfall for Land O' Lakes and the other food cartel companies that have weaseled their way into K-12 school lunch program which now cost taxpayers about $12-$14 billion per year.

But get your facts straight. The government got out of purchasing surplus dairy products to stabilize farm prices in the 1980's preferring to allow Adam Smith's "Invisible Hand" to steal the money from the farmers and drop it in the Swiss Anglo Food Cartel's pockets. 

And the invisible hand or the free market forces of Wall Street and their Cartel partners are behind the rise and fall of dairy prices. Your'e also getting warnings from international agencies about potential mass food insecurity, meaning someone is gonna have to starve with not enough food production to feed everyone.

https://www.history.com/news/government-cheese-dairy-farmers-reagan


In my life time the enemy has gone after every regulation created by President Franklin D. Roosevelt after he died at the end of WWII. 
In August 1971 President Nixon canceled FDR's post WWII monetary system Bretton Woods which allowed money to "run wild"
In 1973 President Nixon attacked FDR's Hill Burton health care policy by passing legislation that created HMO's and allowed the Wall Street insurance companies to loot our healthcare delivery system.
In 1999 they got Glass Steagall banking separation act which protected banks from engaging in speculative activity. You could wake up tomorrow and find your bank account has been seized by your bank. 

In 1970 Goldman Sachs created the Frankenstein monster Sysco Food service;  and we all know how successfully evil that creation has become to our industry,


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Retiredfoodpro

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Reply with quote  #8 
This report is available weekly to share with customers.  Less milk, less cheese, higher prices. 

http://www.cheesereporter.com/prices.htm

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