MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  June 03, 2015 (REPORT 22)                          


NORTHEAST WHOLESALE CHEESE:                                      

Production levels are steady to higher for most cheese processors.  The 
capacity of some plants to handle heavier milk intakes is being tested.  
Current cheese supplies are held with confidence.  Interest is fair to 
good.  The market undertone is mixed as cheese prices tend to fluctuate. 
Northeast wholesale cheese prices moved higher.  Cheddar and muenster 
rose $0.0325 and process 5# climbed $0.0175.  The Grade A Swiss price is 
steady.  According to the DMN National Retail Report-Dairy, for the week 
of May 29-June 4, the weighted average advertised price for 8 oz. cheese 
blocks in the Northeast is $2.40, 17 cents more than the national 
average, and 9 cents more than a week ago.  The Southeast 8 oz. block 
cheese price is $1.96, 39 cents less than the previous week.  The CME 
Group monthly average for cheese blocks in May 2015 was $1.6308, compared 
to $2.0155 last year; cheese barrels averaged $1.6250, compared to 
$1.9985 one year ago.  At the CME Group, Tuesday's daily cash price saw 
barrels close at $1.7200, up $0.1100 from a week ago; blocks closed at 
$1.7700, up $0.1200 from a week ago.

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.0675-2.3525     
Process 5# Sliced                            : 1.8575-2.3375     
Muenster                                     : 2.0875-2.4375     
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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