MD_DA830 DA MD DA830 Cheese - Midwest MADISON, WI. December 30, 2015 (REPORT 52) MIDWEST CHEESE: Cheese production is scheduled very heavily at most Midwest cheese plants. Spot milk is readily available at prices ranging from $3.00 to $8.00 under Class. Cheese is a preferred use for the extra milk not needed for retail fluid markets. Moreover, Wisconsin milk production in particular, has been noticeably above year ago levels. Substantial milk volumes are pushing cheese production schedules. Consumer demand has been good, but the higher volumes of cheese production during many recent months have overwhelmed demand, with less help from exports than had been hoped for. The DMN National Retail Report-Dairy shows that December 25-December 31 Midwest ads for 8 ounce shredded cheese have a weighted average advertised price of $2.17, 10 cents lower than the national average. Midwest prices range from $1.49 - $2.50. One year ago the national price was $2.35. For 8 ounce blocks, the Midwest average price is $2.01, 18 cents lower than the national average price. Midwest ads are priced from $0.98 to $2.50. Last year, the national price was $2.51. Midwestern wholesale prices are unchanged for Swiss cuts and process, but down $.0150 for all other types. In CME Group trading Wednesday, barrels closed at $1.4800, up $.0600 from last Wednesday and blocks closed at $1.4500, up $.0500. WISCONSIN WHOLESALE SELLING PRICES: DELIVERED, DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS) Process American 5# Loaf : 1.5275-1.8875 Brick And/Or Muenster 5# : 1.7925-2.2175 Cheddar 40# Block : 1.5200-1.9150 Monterey Jack 10# : 1.7675-1.9725 Blue 5# : 2.0600-3.0475 Mozzarella 5 - 6# (Low Moisture, Part Skim): 1.5925-2.5325 Grade A Swiss Cuts 6 - 9# : 2.7275-2.8450 1200C eric.graf@ams.usda.gov 608-557-7005 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