MD_DA830 DA MD DA830 Cheese - Midwest MADISON, WI. September 13, 2017 (REPORT 37) MIDWEST CHEESE: Milk supplies for cheesemakers in the Midwest vary by location. Some cheese producers report fairly balanced milk supplies, while others report school pipelines are pulling from their usual availability. In addition, Southern and Southeastern bottlers, following the flurry of severe weather, have dipped into the milk supplies for some Midwestern cheese plants. Spot milk prices ranged from flat market to $1.50 over Class III. Cheese demand is mixed. Some cheddar and/or traditional type cheesemakers report fair to slow demand, and have begun to ease production schedules. However, some pizza cheese producers are in an early rush, and have increased production. Cheese contacts are cautious as cheese market prices have been far from predictable of late. The DMN National Retail Report-Dairy shows that September 8-14 Midwest ads for 8 ounce shred cheese have a weighted average advertised price of $2.25, 1 cent below the national average. Midwest prices range from $1.66-$3.00. One year ago, the national price was $2.18. For 8 ounce blocks, the Midwest average price is $2.04, 16 cents below the national average price. Midwest ads are priced from $1.67-$2.50. Last year, the national price was $2.10. In CME Group trading Wednesday, barrels closed at $1.5000, down $.0800 from last Wednesday and blocks closed at $1.6150, down $.0250 from last Wednesday. Midwestern wholesale prices are unchanged for Swiss cuts, up $.0575 for process and up $.0975 for all other types. WISCONSIN WHOLESALE SELLING PRICES: DELIVERED, DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS) Process American 5# Loaf : 1.6525-2.0125 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# : 2.7900-2.9075 2017 U.S. Cheese and Curd Imports (USDA-FAS) (Imports for Consumption) 2017 Imports % Change From (Million Lb.) 1 Year Ago July Imports TOTAL Cheese and Curd (H.S. Code 0406) 30.9 - 13 Cheese, Except Fresh (H.S. Code 040690) 26.4 - 14 Fresh Cheese (H.S. Code 040610) 2.7 + 4 Cheese, Processed (H.S. Code 040630) 1.1 + 7 Cheese, Blue-Veined (H.S. Code 040640) 0.7 - 10 2017 Imports % Change From (Million Lb.) 1 Year Ago TOTAL, JAN - JUL 224.1 - 12 1 Italy 42.3 + 5 2 France 25.2 - 7 3 Netherlands 17.2 + 7 4 Germany 15.0 + 32 5 Spain 15.0 + 1 2017 U.S. Cheese and Curd Exports (USDA-FAS) 2017 Exports % Change From (Million Lb.) 1 Year Ago July 60.1 + 14 TOTAL, JAN - JUL 441.5 + 22 1 Mexico 132.4 + 14 2 South Korea 74.3 + 45 3 Japan 44.1 + 15 4 Australia 32.1 + 70 5 China 16.1 + 31 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