MD_DA810 DA MD DA810 Cheese - Northeast MADISON, WI. May 20, 2015 (REPORT 20) NORTHEAST WHOLESALE CHEESE: Cheese production is mostly steady as seasonal milk output inches closer to peak levels. Inventories, particularly aged cheddar, continue to build. Cheese sales are active in retail and food service markets as the upcoming Memorial Day weekend encourages interest. Demand for spot loads of cheese is fair. This week, Northeast wholesale cheese prices are mixed with cheddar and muenster increasing $0.0050, but process 5# sliced decreased $0.0050. Grade A Swiss price is steady. According to the DMN National Retail Report-Dairy, for May 15-21, the national weighted average advertised price for 8 oz. cheese blocks in the Northeast is $2.45, 6 cents more than the national average and 19 cent more than a week ago. The Southeast 8 oz. block cheese price was $2.71, 25 cents more than the previous week. Tuesday's CME Group daily cash price saw barrels close at $1.6125, down $0.0250 from a week ago; blocks closed at $1.6300, up $0.0175 from a week ago. WHOLESALE SELLING PRICES: DELIVERED, DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS) Cheddar 40# Block : 2.0125-2.2975 Process 5# Sliced : 1.8475-2.3275 Muenster : 2.0325-2.3825 Grade A Swiss Cuts 10 - 14# : 3.1725-3.4950 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