MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  June 24, 2015 (REPORT 25)                          

NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Cheese production is very active, following the strong milk production 
trend in the Northeast.  Plants are operating 6-7 days per week to handle 
the heavy milk volumes.  Cheese inventories are increasing at varying 
rates with some plants seeing good orders for cheddar.  Cheese makers are 
hoping the current warm weather will reduce milk production and intakes, 
allowing them to catch up on maintenance projects and give staff some 
well-earned breaks.  Demand for cheese is fairly good at the retail 
level.  Northeast wholesale cheese prices for cheddar and muenster 
decreased $0.0400 and process 5# declined $0.0275.  The Grade A Swiss 
price is unchanged.  According to the DMN National Retail Report-Dairy, 
for the week of June 19-25, the weighted average advertised price for 8 
oz. cheese blocks in the Northeast is $2.23, the same as the national 
average and 1 cent more than a week ago.  The Southeast 8 oz. block 
cheese price is $2.61, 24 cents more than a week ago.  At the CME Group, 
Tuesday's daily cash trading saw barrels close at $1.6550, down $0.0400 
from a week ago; blocks closed at $1.6800, down $0.0400 from a week ago.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.1000-2.3850     
Process 5# Sliced                            : 1.8950-2.3750     
Muenster                                     : 2.1200-2.4700     
Grade A Swiss Cuts 10 - 14#                  : 3.1825-3.5050     

1100CT Daniel.Johnson@ams.usda.gov 608.557.7006 & 
rick.whipp@ams.usda.gov 608.557.7004
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