Cheese Soup Recipe Cube 1 lb of Velveeta cheese. Chop fine: 1 Cup Carrots 1 Cup Celery 1 Cup onion Saute’ in ½ cup margarine until onions are transparent. Stir in 1/3 cup flour and ½ tsp baking soda. Set aside for a few minutes. Heat 1 quart of milk and 1 quart of chicken stock (or use 5 envelopes of chicken broth) Add cheese and stir frequently until dissolved. Add vegetables and salt & pepper to taste. Cook 2 pieces of bacon (turkey bacon works best) and crumble into soup for added taste.