Cheese prices are set to rise dramatically due to a combination of freak weather and the demand for milk. The price of wholesale cheddar has increased in Britain by £350 a ton in the last three months, meaning consumers will start seeing the cost of cheese rise. The rise in prices will not also affect cheese prices; the price of pizza is also likely to rise as cheese makes up around 40% of the cost of producing a pizza. Bad news for cheese lovers everywhere.