MD_DA830                                                         
DA                                                               
MD DA830 Cheese - Midwest                                        

MADISON, WI.  November 16, 2016 (REPORT 46)                      

MIDWEST CHEESE:                                                  

Midwest cheese production is active as manufacturers are working hard to get orders 
filled before the holidays. Some processors are planning to operate through all of next 
week, while others are adjusting schedules to keep their plant running and give employees 
a day off for the holiday. Cheese makers report some ripples in demand and milk supply 
due to the Thanksgiving holiday. Available spot loads of milk had been a little short the 
previous weeks, but some manufacturers say milk is getting freed up by reduced holiday 
production schedules at a few facilities. A few industry contacts also suggest cheese 
orders are mixed. In some cases, shoppers are eager to get their orders secured before 
the holiday rush. A few others think demand is easing and starting to show signs of the 
holiday pipelines getting filled. The DMN National Retail Report-Dairy shows that 
November 11-17 Midwest ads for 8 ounce shred cheese have a weighted average advertised 
price of $2.26, 17 cents above the national average. Midwest prices range from $1.67-
$2.50. One year ago, the national price was $2.39. For 8 ounce blocks, the Midwest 
average price is $2.11, 6 cents above the national average price. Midwest ads are priced 
from $1.50-$2.49. Last year, the national price was $2.35. Midwestern wholesale prices 
are unchanged for Swiss cuts, up $.0425 for process, and up $.0950 for all other types. 
This week, a cooperative export assistance program accepted requests for 1.609 million 
pounds (730 metric tons) of cheese. So far this year, the program has assisted member 
cooperatives who have contracts to sell 45.8 million pounds of cheese in export markets. 
In CME Group trading Wednesday, barrels closed at $1.6700, down $.1600 from last 
Wednesday and blocks closed at $1.8850, down $.0575. 

WISCONSIN WHOLESALE SELLING PRICES:  DELIVERED,                  
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Process American 5# Loaf                   : 1.9100-2.2700       
Brick And/Or Muenster 5#                   : 2.2950-2.7200       
Cheddar 40# Block                          : 2.0225-2.4175       
Monterey Jack 10#                          : 2.2700-2.4750       
Blue 5#                                    : 2.5625-3.5500       
Mozzarella 5 - 6# (Low Moisture, Part Skim): 2.0950-3.0350       
Grade A Swiss Cuts 6 - 9#                  : 2.8450-2.9625       

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-