MD_DA830                                                         
DA                                                               
MD DA830 Cheese - Midwest                                        

MADISON, WI.  November 22, 2016 (REPORT 47)                      

MIDWEST CHEESE:                                                  

Much of the milk freed up by the Thanksgiving holiday is finding its way into cheese 
vats. Midwestern cheesemakers are adjusting schedules as needed or working through the 
holiday to make use of the milk. Industry contacts say domestic retail demand has 
remained strong through the early stages of the holiday shopping season. Some contacts 
suggest food service orders have dipped somewhat in response to the holiday and from 
supply pipelines getting filled. Inventories are long for barrels and cheese used for 
processing, but much tighter for fresh blocks. The DMN National Retail Report-Dairy shows 
that November 18-24 Midwest ads for 8 ounce shred cheese have a weighted average 
advertised price of $1.97, 27 cents below the national average. Midwest prices range from 
$1.49-$2.49. One year ago, the national price was $2.29. For 8 ounce blocks, the Midwest 
average price is $2.03, 12 cents below the national average price. Midwest ads are priced 
from $1.49-$2.99. Last year, the national price was $2.28. Midwestern wholesale prices 
are unchanged for Swiss cuts, down $.1200 for process, and down $.0350 for all other 
types. This week, a cooperative export assistance program accepted requests for 1.517 
million pounds (688 metric tons) of cheese. So far this year, the program has assisted 
member cooperatives who have contracts to sell 47.3 million pounds of cheese in export 
markets. 


WISCONSIN WHOLESALE SELLING PRICES:  DELIVERED,                  
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Process American 5# Loaf                   : 1.7900-2.1500       
Brick And/Or Muenster 5#                   : 2.2600-2.6850       
Cheddar 40# Block                          : 1.9875-2.3825       
Monterey Jack 10#                          : 2.2350-2.4400       
Blue 5#                                    : 2.5275-3.5150       
Mozzarella 5 - 6# (Low Moisture, Part Skim): 2.0600-3.0000       
Grade A Swiss Cuts 6 - 9#                  : 2.8450-2.9625       


1100CT 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-