MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  January 21, 2015 (REPORT 3)                        


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Sufficient milk intakes are furthering seasonally active wholesale cheese 
production rates.  Plants are operating near capacity in some instances. 
Orders for mozzarella are active, prompted by food service and retail 
demand as schools reopen and the Super Bowl looms.  Current Swiss 
transactions exemplify an inelastic tone as buyers are willing to pay the 
higher prices associated with the aging cost of production.  Inventories 
are mixed but growing marginally.  The market is unsettled.  Last week, 
the weekly average cheese prices on the CME Group declined for both 
blocks and barrels.  This week, the Northeast wholesale price for 40# 
block and muenster retreated $0.0575, as process 5# sliced declined 
$0.0350.  Grade A Swiss price is steady.  Tuesday's CME Group daily cash 
prices saw barrels close at $1.4450, down $0.1500 from a week ago, while 
blocks closed at $1.4750, down $0.1150 from a week ago.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.9150-2.2000     
Process 5# Sliced                            : 1.7325-2.2125     
Muenster                                     : 1.9350-2.2950     
Grade A Swiss Cuts 10 - 14#                  : 4.1050-4.4275     

1100CT Daniel.Johnson@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-
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