MD_DA810 DA MD DA810 Cheese - Northeast MADISON, WI. April 22, 2015 (REPORT 16) NORTHEAST WHOLESALE CHEESE: Cheese production remains active, as available milk volumes exceed year ago levels. Manufacturers noted that cheese yields are edging lower seasonally. Wholesale activity is fair, with anticipation of picking up as demand distinctive to spring/summer materializes. The expectations of some cheese market participants are being met by uncertainty, as cheese prices inch higher instead of typical seasonal declines. Tuesday's CME Group daily cash prices saw blocks close at $1.6075, up $0.0350 from a week ago; barrels closed at $1.6250, up $0.0150 from a week ago. This week, wholesale cheese prices for cheddar and muenster moved fractionally lower $0.0025, but prices for process 5# sliced rose $0.0075. Grade A Swiss prices are steady. According to the DMN National Retail Report- Dairy, for April 17-23, the Northeast weighted average advertised price for 8 oz. cheese blocks was $2.43, 21 cents more than the national average and 11 cents more than a week ago. The Southeast 8 oz. block cheese price was $2.10, 35 cents less than the previous week. WHOLESALE SELLING PRICES: DELIVERED, DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS) Cheddar 40# Block : 1.9725-2.2575 Process 5# Sliced : 1.8400-2.3200 Muenster : 1.9925-2.3425 Grade A Swiss Cuts 10 - 14# : 3.2525-3.5750 1100CT Daniel.Johnson@ams.usda.gov 608.557.7006 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