MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  July 08, 2015 (REPORT 27)                          


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Cheese production in the Northeast remains very active because of ample 
milk receipts.  Yields are trending lower.  Mozzarella demand has slowed.  
Swiss sales are steady.  Some area processors are surprised by the level 
of interest, considering the lower import Swiss cheese price.  Cheese 
stocks, overall, are growing as the cyclical demand eases.  The market 
remains unsettled.   Northeast wholesale cheese prices for cheddar and 
muenster declined $0.0400; process 5# sliced fell $0.0575.  The Grade A 
Swiss prices are $0.0275 higher.   According to the DMN National Retail 
Report-Dairy, for the week of July 3-9, the weighted average advertised 
price for 8 oz. cheese blocks in the Northeast was $2.20, 25 cents less 
than the national average and 17 cents less than a week ago.  The 
Southeast 8 oz. block cheese price was $2.85, 70 cents more than a week 
ago.  At the CME Group, Tuesday?s daily cash trading saw barrels close at 
$1.5750, down $0.0075 from a week ago; blocks closed at $1.6425, up 
$0.0225 from a week ago.  The Foreign Agricultural Service (FAS) reports 
that May 2015 U.S. cheese and curd exports totaled 64.7 million pounds, a 
8% decline from a year ago. 
DAIRY PRODUCTS:  According to NASS, U.S. total cheese production in May 
2015 was 988.6 million pounds, 1.8% more than a year ago and 1.9% more 
than the previous month.  In the Atlantic region, total cheese production 
was 113.3 million pounds, 4.9% less than a year ago but 2.6% more than 
the previous month.  The total cheese production and percentage changes 
from one year ago for individual Eastern states are: New York 60.6 
million pounds, -4.7%; Pennsylvania 35.7 million pounds, -0.1%; and 
Vermont 11.0 million pounds, +2.2%.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.0200-2.3050     
Process 5# Sliced                            : 1.8125-2.2925     
Muenster                                     : 2.0400-2.3900     
Grade A Swiss Cuts 10 - 14#                  : 3.2100-3.5325    


2015 U.S. Cheese and Curd Exports (USDA-FAS)

                    (Million Lb.)   % Change From 
                                      1 Year Ago

May                    64.7              -   8

Total Jan. ? May      327.7              -  10
   1 Mexico            87.0              +  20
   2 South Korea       70.2              +  11
   3 Japan             38.1              -  32
   4 Australia         22.4              +  18
   5 China             11.9              -   3


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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