MD_DA830                                                         
DA                                                               
MD DA830 Cheese - Midwest                                        

MADISON, WI.  November 2, 2016 (REPORT 44)                       

MIDWEST CHEESE:                                                  

Midwest cheese production is strong and many manufacturers are using all the milk 
available to them. A few processors are surprised the milk supply is not a little 
heavier. Some contacts mention they could run a few more loads, but are having 
trouble finding available spot loads of milk. Industry contacts note an increase 
in cheese orders. Sales seem to be picking up as the Q4 holidays draw closer. 
Inventories are generally comfortable, but, in some cases, blocks are a little 
tighter due to the seasonal increase in demand. The DMN National Retail Report-
Dairy shows that October 28-November 3 Midwest ads for 8 ounce shred cheese have 
a weighted average advertised price of $2.02, 20 cents below the national 
average. Midwest prices range from $1.49-$2.50. One year ago, the national price 
was $2.14. For 8 ounce blocks, the Midwest average price is $1.93, 32 cents below 
the national average price. Midwest ads are priced from $1.49-$2.29. Last year, 
the national price was $2.29. Midwestern wholesale prices are unchanged for Swiss 
cuts, down $.0025 for process, but up $.0100 for all other types. This week, a 
cooperative export assistance program accepted requests for 1.784 million pounds 
(809 metric tons) of cheese. So far this year, the program has assisted member 
cooperatives who have contracts to sell 44.2 million pounds of cheese in export 
markets. In CME Group trading Wednesday, barrels closed at $1.7575, up $.2000 
from last Wednesday and blocks closed at $1.8225, up $.1675.


WISCONSIN WHOLESALE SELLING PRICES:  DELIVERED,                  
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Process American 5# Loaf                   : 1.6575-2.0175       
Brick And/Or Muenster 5#                   : 2.0325-2.4575       
Cheddar 40# Block                          : 1.7600-2.1550       
Monterey Jack 10#                          : 2.0075-2.2125       
Blue 5#                                    : 2.3000-3.2875       
Mozzarella 5 - 6# (Low Moisture, Part Skim): 1.8325-2.7725       
Grade A Swiss Cuts 6 - 9#                  : 2.6600-2.7775       


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-