Bloomberg's Venessa Wong talks about how supplies of the famous cheese are melting away just before the nation's busiest dip season.

California's pricing system for milk gives cheese makers the lowest price for milk — a holdover from the Depression era, when making cheese was a way to use up surplus milk. But now cheese makers are dairies' biggest customers, and still get the low price.

It's especially a hot commodity in Europe.

Health-conscious cheesemaker Organic Valley wants in the multi-billion market for American cheese.

Many dairy farmers culled their herds because of high feed prices caused by the drought, reducing the supply of milk. Price increases will flow through many food products beyond a carton of milk.

People in northern Italy are still dealing with the aftermath of the earthquake this week that killed seven. It struck hardest in some of Italy's richest farmland and ten percent of the world's supply of Parmesan has been affected.

Burger King menus in Japan how have the distinct honor of hosting BK's newest sandwich, the Meat Monster. This lunch-time behemoth is made of tw…