MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  March 04, 2015 (REPORT 9)                          


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Production at Northeast cheese plants is steady.  Cheese inventories are 
sufficient for existing near-term needs.  Swiss stock clearing to various 
outlets is at an unanticipated level for some manufacturers, with active 
interest for other varieties as well.  Export demand continues to lag, as 
domestic market demand remains steady.  Market participants are noting 
the probability of the current market environment continuing through the 
spring flush.  This week, the Northeast wholesale cheese prices for 
cheddar and muenster rose $0.0025; process prices are unchanged.  The 
Grade A Swiss price is steady.  The Class and Component price release is 
scheduled for this week on March 4.  The Northeast monthly average price 
for cheddar 40# block during February 2015 was $2.0672, compared to 
$2.7654 one year ago; process 5# sliced average price was $1.9488, in 
comparison to $2.6657 one year ago.  According to the DMN National Retail 
Report-Dairy, for February 27-March 05, the national weighted average 
advertised cheese price for 8 oz. blocks in the Northeast is $2.23, 2 
cents more than the national average but 31 cent less than a week ago.  
The Southeast 8 oz. block cheese price is $1.97, 91 cents less than a 
week ago.  Tuesday's CME Group daily cash prices saw barrels close at 
$1.4925, down $0.0100 from a week ago; blocks closed at $1.5450, 
unchanged from a week ago.


WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.9425-2.2275     
Process 5# Sliced                            : 1.7100-2.1900     
Muenster                                     : 1.9625-2.3125     
Grade A Swiss Cuts 10 - 14#                  : 3.8925-4.2150     

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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