|Parmesan Cheese Wheels Crashed|
During 20 May 2012 Earthquake
in northern Italy
Parmesan cheese is a valuable commodity in northern Italy. So much so that they are used as bank collateral on loans and often have insurance policies on them. Individual cheese wheels that are fully matured to 24 months may be valued as high as €420.
Producers of Grana Padano, a cheese similar to parmesan suffered similar losses due to the earthquake.