MD_DA830                                                         
DA                                                               
MD DA830 Cheese - Midwest                                        

MADISON, WI.  September 20, 2017 (REPORT 38)                     

MIDWEST CHEESE:                                                  
                                                                 
Milk supplies into cheese making continue to tighten up. Discounted spot milk is 
no longer available, and spot milk prices ranged from flat market to $1.50 over 
Class. Cheese sales vary by cheese type. Provolone and mozzarella makers continue 
to report steady to increasing orders. Some curd producers report continued heavy 
sales. Curd orders are above where they were expected to be after Labor Day. 
Cheddar and traditional cheesemakers have eased back on production. However, some 
cheese processors are going to increase production schedules in the next few 
weeks in order to build inventories in preparation for the holiday season. CME 
price fluctuations are aiding the current instability of the market. The DMN 
National Retail Report-Dairy shows that September 15-21 Midwest ads for 8 ounce 
shred cheese have a weighted average advertised price of $2.06, 11 cents below 
the national average. Midwest prices range from $1.48-$2.50. One year ago, the 
national price was $2.39. For 8 ounce blocks, the Midwest average price is $1.94, 
15 cents below the national average price. Midwest ads are priced from $1.48-
$2.00. Last year, the national price was $2.40. In CME Group trading Wednesday, 
barrels closed at $1.5125, up $.0125 from last Wednesday and blocks closed at 
$1.5975, down $.0175 from last Wednesday. Midwestern wholesale prices are 
unchanged for Swiss cuts, down $.0450 for process and down $.0050 for all other 
types. 

WISCONSIN WHOLESALE SELLING PRICES:  DELIVERED,                  
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Process American 5# Loaf                   : 1.6075-1.9675       
Brick And/Or Muenster 5#                   : 1.9875-2.4125       
Cheddar 40# Block                          : 1.7150-2.1100       
Monterey Jack 10#                          : 1.9625-2.1675       
Blue 5#                                    : 2.2550-3.2425       
Mozzarella 5 - 6# (Low Moisture, Part Skim): 1.7875-2.7275       
Grade A Swiss Cuts 6 - 9#                  : 2.7900-2.9075       


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