MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  April 01, 2015 (REPORT 13)                         


NORTHEAST WHOLESALE CHEESE:                                      

Cheese production remains seasonally strong with milk intakes above the 
year ago averages for many plants.  Interest is somewhat lighter for the 
food service sector and retail, impacted by spring break school closings 
and processors having fulfilled holiday production.  Light global demand   
and a weak world market suggest the cheese market would show weakness. 
However, the market appears to have strengthened over recent trading 
sessions leaving some market participants fairly puzzled.  Last week, 
wholesale cheese prices for cheddar and muenster declined $0.0275, and 
process 5# sliced moved lower $0.0250.  Prices for Grade A Swiss Cuts 10-
14# are unchanged.  This week, Tuesday's CME Group daily cash prices saw 
blocks close at $1.5800, up $0.0500 from a week ago; barrels closed at 
$1.6000, up $0.0900 from a week ago.  According to the DMN National 
Retail Report-Dairy, for March 27 - April 02 the regional weighted 
average advertised price for 8 oz. cheese blocks in the Northeast is 
$2.30, 17 cents less than the national average and 21 cents less than a 
week ago.  The Southeast 8 oz. block cheese price was $2.45, 10 cents 
less than the previous week.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.9300-2.2150     
Process 5# Sliced                            : 1.7400-2.2200     
Muenster                                     : 1.9500-2.3000     
Grade A Swiss Cuts 10 - 14#                  : 3.4350-3.7575     

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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