The latest USDA Cold Storage report shows cheese inventories up 1.7 percent from a year ago to 1.46 billion pounds in February 2024. American cheese stocks were up 2.9 percent from a year ago but down 7 percent from last month. Other type cheeses were up 1 percent from a year ago. Butter inventories were up 19 percent from last month and up 1 percent from a year ago to 295 million pounds in February.
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