MD_DA830                                                         
DA                                                               
MD DA830 Cheese - Midwest                                        

MADISON, WI.  June 21, 2017 (REPORT 25)                          

MIDWEST CHEESE:                                                  
                                                                 
Milk is available for cheese producers in the Midwest. However, cheesemakers report 
the flush milk availability of previous weeks has noticeably decreased. Reported spot 
milk prices ranged from $1.00 to $4.00 under Class III. Cheese production has edged 
back. Some cheese producers in the Midwest are trying to manage heavy inventories. 
Some contacts suggest export sales, which are scheduled for future shipment dates, 
have not been accounted for, thus cheese inventories are not as heavy as widely 
believed. Central cheese producers report varied sales activity. Some report slower 
domestic retail sales, along seasonal lines. Some pizza cheesemakers report steady 
sales, a little behind last year's figures. Generally, there are some questions 
regarding what will happen with the cheese market. The large block to barrel CME 
price variance is at loggerheads with a stable market, according to Central cheese 
contacts. The DMN National Retail Report-Dairy shows that June 16-22 Midwest ads for 8 
ounce shred cheese have a weighted average advertised price of $2.17, 8 cents below the 
national average. Midwest prices range from $1.88-$2.50. One year ago, the national price 
was $2.31. For 8 ounce blocks, the Midwest average price is $2.10, 20 cents below the 
national average price. Midwest ads are priced from $1.88-$2.50. Last year, the national 
price was $2.16. In CME Group trading Wednesday, barrels closed at $1.3575, down $.0450 
from last Wednesday and blocks closed at $1.5600, down $.0700 from last Wednesday. 
Midwestern wholesale prices are unchanged for Swiss cuts, but down $.0250 for process 
and down $.0200 for all other types.

WISCONSIN WHOLESALE SELLING PRICES:  DELIVERED,                  
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Process American 5# Loaf                   : 1.4975-1.8575       
Brick And/Or Muenster 5#                   : 1.9925-2.4175       
Cheddar 40# Block                          : 1.7200-2.1150       
Monterey Jack 10#                          : 1.9675-2.1725       
Blue 5#                                    : 2.2600-3.2475       
Mozzarella 5 - 6# (Low Moisture, Part Skim): 1.7925-2.7325       
Grade A Swiss Cuts 6 - 9#                  : 2.7175-2.8350       


1300CT israel.weber@ams.usda.gov (608)422-8601
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-