MD_DA830                                                         
DA                                                               
MD DA830 Cheese - Midwest                                        

MADISON, WI.  September 21, 2016 (REPORT 38)                     

MIDWEST CHEESE:                                                  

Midwest cheese production is relatively steady. Some manufacturers are scheduling 
maintenance days and others are not at full capacity. However, a few cheese makers report 
ramping up for fall cheese needs. Processors seem willing to take in a few extra loads of 
milk to bump up cheese production. Milk components are improving a little, but some 
cheese makers are still fortifying the cheese make process to bolster yields. Domestic 
cheese demand is mixed. Stocks are generally long for commercial varieties. Recent price 
decreases have allowed some manufacturers to clear inventories, however a few industry 
contacts suggest the price changes are giving some buyers pause. The buyers want to take 
a wait and see approach, buying only what is needed until the price settles. The DMN 
National Retail Report-Dairy shows that September 16-22 Midwest ads for 8 ounce shred 
cheese have a weighted average advertised price of $2.16, 23 cents lower than the 
national average. Midwest prices range from $1.50-$2.50. One year ago, the national price 
was $2.38. For 8 ounce blocks, the Midwest average price is $1.83, 57 cents below the 
national average price. Midwest ads are priced from $1.50-$2.00. Last year, the national 
price was $2.29. Midwestern wholesale prices are unchanged for Swiss cuts, down $.1050 
for process, and down $.0475 for all other types. In CME Group trading Wednesday, barrels 
closed at $1.5100, down $.0175 from last Wednesday and blocks closed at $1.5850, down 
$.0850. 

WISCONSIN WHOLESALE SELLING PRICES:  DELIVERED,                  
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Process American 5# Loaf                   : 1.6225-1.9825       
Brick And/Or Muenster 5#                   : 2.0300-2.4550       
Cheddar 40# Block                          : 1.7575-2.1525       
Monterey Jack 10#                          : 2.0050-2.2100       
Blue 5#                                    : 2.2975-3.2850       
Mozzarella 5 - 6# (Low Moisture, Part Skim): 1.8300-2.7700       
Grade A Swiss Cuts 6 - 9#                  : 2.4350-2.5525       


1300CT mike.bandli@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-