A Cheese wheel is created by churning pats of butter or buckets of milk. It has replaced the cheese that was made before the update. The same amount of experience is received as making cheese but the wheels are untradeable unless sliced.
Slicing cheese results in 4 experience per slice and one can obtain a random number of cheeses (5 or over) from one wheel. In order to slice a cheese wheel players must have either a bronze wire or a knife in their inventory. The higher the player's Cooking level, the greater the number of cheese they will get. A person with 99 Cooking may get over 30 cheese from a single cheese wheel. 4 cheese wheels weigh 1 kg, therefore cheese wheels weigh a 1/4 of a kilogram each.
Each piece of cheese it creates heals 20 life points, so in theory each cheese wheel could heal between 100-300 life points depending on your cooking level. So, in theory, an inventory with the maximum amount of cheese that can be held and cut (26 cheese wheels, 1 knife or wire, and an open inventory space to hold the cheese) could give you 780 pieces of cheese and heal 15,600 life points, making it possible to be very useful for money-making or training combat. It should, however, be noted that, even at level 99 Cooking, obtaining 30 cheeses from one wheel is very rare; based on the limited sample below, an average of 670 per 26-wheel inventory at level 99 would be more accurate. A cheese wheel is an excellent addition to your Temple Trekking inventory, in case of the Campsite event