MD_DA851
DA
MD DA851 CHEESE HIGHLIGHTS 

MADISON, WI   October 6, 2017   (REPORT 40)

Pizza style cheese, cheese curds, and Swiss cheese are currently 
moving well for cheese producers throughout the country. Export demand 
for Western cheesemakers has also increased. Milk supplies vary from 
region to region. As Midwestern cheese producers are receiving fewer 
spot milk offers, milk in the Northeast is still fairly accessible for 
cheese production. Spot milk prices were reported from flat market to 
$2 over Class. Cheese production is generally steady across the 
nation. Cheese inventories are sufficient to long in many cases. The 
market tone has improved, along with increasing CME cheese prices and 
a decreasing block to barrel CME price gap. Long inventories continue 
to upset the overall market temperament, but the current tone is 
generally positive. CME Group trading Friday, barrels closed at 
$1.7450, up $0.0525 from last Friday. Blocks closed at $1.7600, up 
$0.0250 from last Friday.


1230C israel.weber@ams.usda.gov (608) 422-8601  
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home