The U.S. is set to implement tariffs on certain European Union goods on Friday. Some Americans are buying up Italian Parmesan Cheese because of it.
However, how is the cheese market in the United States?
“There’s a relationship which takes place between the cheese and the milk,” said Mike North of Commodity Risk Management Group. “[There’s also a relationship] between the nearby milk price to the distant milk price.”
AgDay national reporter Betsy Jibben has this analysis with North.