There’s more cheese but less butter in cold storage.
USDA’s new report shows natural cheese stocks in refrigerated warehouses as of the end of the year were up slightly from the end of November, but down from a year ago. Total natural cheese in storage on December 31st was 1.442 billion pounds compared to 1.436 billion pounds the previous month and 1.445 billion pounds in December of 2022.
Butter stocks fell 6% from November and 8% a year ago.
