MD_DA830                                                         
DA                                                               
MD DA830 Cheese - Midwest                                        

MADISON, WI.  October 14, 2015 (REPORT 41)                       

MIDWEST CHEESE:                                                  
                                                                 
Little spot milk is flowing to Midwest cheese plants this week, leaving production 
tied to regular milk at seasonally lower volumes, but still more milk than a year 
ago. While some cheesemakers are fortifying vats, that may have more to do with 
contracted supplies available to the manufacturers than the overall milk supply 
situation. Most cheesemakers are content with available milk volumes. Orders from 
retail, food service and institutional buyers are being readily filled, with little 
current production backing into manufacturers' inventories. The DMN National Retail 
Report - Dairy shows that October 9 - October 15 Midwest ads for 8 ounce shredded 
cheese have a weighted average advertised price of $2.33, 14 cents lower than the 
national average. Midwest prices range from $1.79 - $2.50. One year ago the 
national price was $2.29. For 8 ounce blocks, the Midwest average price is $2.26, 
11 cents lower than the national average price. Midwest ads are priced from $1.79 
to $2.50. Last year, the national price was $2.39. Midwestern wholesale prices are 
unchanged for Swiss cuts, up $.0750 for process, and up $.0575 for all other types.
In CME Group trading Wednesday, barrels closed at $1.6400, up $.0200 from last 
Wednesday and blocks closed at $1.6900, down $.0375.

WISCONSIN WHOLESALE SELLING PRICES:  DELIVERED,                  
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Process American 5# Loaf                   : 1.7400-2.1000       
Brick And/Or Muenster 5#                   : 2.1025-2.5275       
Cheddar 40# Block                          : 1.8300-2.8325       
Monterey Jack 10#                          : 2.0775-2.2825       
Blue 5#                                    : 2.3700-3.3575       
Mozzarella 5 - 6# (Low Moisture, Part Skim): 1.9025-2.8425       
Grade A Swiss Cuts 6 - 9#                  : 2.7850-2.9025       


1300C eric.graf@ams.usda.gov  608-557-7010
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