MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  May 27, 2015 (REPORT 21)                           


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Post-holiday cheese production in the Northeast is moderate to heavy.  
Milk supplies over the Memorial Day weekend were heavy, as some cheese 
makers added surplus loads to production at prices well below class.  Key 
cheese manufacturers are running 7 day schedules.  Declines in butterfat, 
along typical seasonal levels, are tempering cheese yields.  Retail sales 
are fair.  The market undertone is unsettled.  This week, Northeast 
wholesale cheese prices saw cheddar and muenster increase $0.0225, but 
process 5# sliced declined $0.0075.  The Grade A Swiss Cuts price is 
unchanged.  According to the DMN National Retail Report-Dairy, for May 
22-28, the weighted average advertised price for 8 oz. cheese blocks in 
the Northeast is $2.31, 1 cent more than the national average, however, 
14 cents less than a week ago.  The Southeast 8 oz. block cheese price 
was $2.35, 36 cents less than the previous week.  At the CME Group, 
Tuesday's daily cash price saw barrels close at $1.6100, down $0.0025 
from a week ago; blocks closed at $1.6500, up $0.0200 from a week ago.
Cold Storage:  According to NASS, U.S. stocks of total natural cheese as 
of April 30, 2015 totaled 1.081 billion pounds, 4% more than a year ago 
and 1% more than last month.  Other cheese totaled 417.4 million pounds, 
16% more than a year ago, and 2% more than last month.  Swiss cheese 
totaled 24.0 million pounds, 15% less than a year ago and 2% less than 
the previous month.  


WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.0350-2.3200     
Process 5# Sliced                            : 1.8400-2.3200     
Muenster                                     : 2.0550-2.4050     
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-
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