MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  January 28, 2015 (REPORT 4)                        


NORTHEAST WHOLESALE CHEESE:                                      

Cheese production is generally steady in the region.  Manufacturers' 
supply levels vary; however, most are seeing gradual growth.  Buying 
strategies differ amongst market participants as a few buyers refrain 
from making sizable purchases.  Some are anticipating further weakening,  
resulting from milk production levels encouraging inventory build-up.  In 
contrast, current domestic demand is moderate to good.  Retail and fast 
food categorized transactions, specifically pizza, continue to encourage 
sales driven by Super Bowl promotions.  The market undertone varies. This 
week, the Northeast wholesale prices continued to weaken as 40# block and 
muenster slipped $0.0425; while process 5# fell $0.0600.  Grade A Swiss 
price are unchanged.  Tuesday's CME Group daily cash prices saw barrels 
close at $1.4700, up $0.0250 from a week ago, while blocks closed at 
$1.4850, down $0.1000 from a week ago.  
COLD STORAGE:  According to NASS, U.S. stocks of total natural cheese as 
of December 31, 2014 totaled 1.013 billion pounds, unchanged from a year 
ago and unchanged from the previous month.  Other cheese totaled 367.5 
million pounds, unchanged from a year ago, but 3% more than the previous 
month.  Swiss cheese totaled 21.3 million pounds, 14% less than a year 
ago and 13% less than the previous month.  Eastern stocks of American 
type cheese totaled 128.7 million pounds, 2% less than last month but 13% 
more than a year ago; other type cheese totaled 39.8 million pounds, 46% 
more than the previous month and 85% more than a year ago. 


WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.8725-2.1575     
Process 5# Sliced                            : 1.6725-2.1525     
Muenster                                     : 1.8925-2.2525     
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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