Wheel Of Fortune? High Cheese Prices Wedge Food Costs

Higher cheese prices could raise restaurants’ food costs, but industry experts say now is not the time to raise menu prices or switch ingredients to compensate for the increase.

With the price of block cheese hovering at more than $2.42 a pound, pizza operators and other restaurateurs are looking at some financial challenges, food commodities analyst John Barone said.

The price of a pound of block cheese is more than 20 cents higher than last month, and more than 73 cents above year-ago levels.

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