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Cheese prices on the CME rose about 13 cents for barrels, with blocks averaging $1.99 for the week. Pizza chain stock values moved together and pump prices began to stabilize after an attack on Saudi oil facilities.
Tight milk supplies in the Midwest and firm cheese prices support Class III milk values, while easing energy prices reduce pressure on input costs.
pizzamarketplace.comS.A. WhiteheadOct 7, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
