MD_DA810 DA MD DA810 Cheese - Northeast MADISON, WI. January 14, 2015 (REPORT 2) NORTHEAST WHOLESALE CHEESE: Wholesale cheese prices rebounded this week as prices moved higher for cheddar blocks, process slices and Muenster, while Swiss prices held unchanged. Milk flows going into cheese plants continue to be strong, keeping production active. Demand from retail outlets has increased as store managers restock ahead of the NFL playoffs and the Super Bowl. Food service orders are sluggish as restaurant business is down following the holidays. Demand for mozzarella is expected to increase in the near term as pizza sales will increase as colleges and universities start their spring terms. Cheese supplies are building, but are not seen as burdensome. The CME Group daily cash prices, on Tuesday, saw barrels close at $1.5950 up $0.0550 from a week ago, while blocks closed at $1.5900, up $0.0200 from a week ago. WHOLESALE SELLING PRICES: DELIVERED, DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS) Cheddar 40# Block : 1.9725-2.2575 Process 5# Sliced : 1.7675-2.2475 Muenster : 1.9925-2.3525 Grade A Swiss Cuts 10 - 14# : 4.1050-4.4275 2014 U.S. Cheese and Curd Exports, (USDA-FAS) (Million Lb.) % Change From 1 Year Ago November 54.1 - 13 Total Jan.-Nov. 752.3 + 20 1 Mexico 161.9 + 1 2 South Korea 145.6 + 48 3 Japan 114.9 + 85 4 Australia 37.5 + 59 5 Saudi Arabia 33.3 + 43 1100CT Daniel.Johnson@ams.usda.gov & rick.whipp@ams.usda.gov 608.278.4156 USDA/AMS/Dairy Market News, Madison, Wisconsin Dairy Market News website: www.ams.usda.gov/dairymarketnews Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da- home