MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  July 22, 2015 (REPORT 29)                          


NORTHEAST WHOLESALE CHEESE:                                      

Current cheese production is mostly steady. A few plants are continuing 
to operate full schedules. Demand is moderate to light. Manufacturers are 
mostly comfortable with inventory levels. Cheese yields continue to drift 
lower, due to losses in milk components, as temperatures grow warmer. The 
market undertone is mixed. Northeast wholesale cheese prices for cheddar 
and muenster declined $0.0175; process 5# sliced moved fractionally lower 
$0.0025. Grade A Swiss prices are steady. According to the DMN National 
Retail Report-Dairy, for the week of July 17-23, the weighted average 
advertised price for 8 oz. cheese blocks in the Northeast was $2.45, 9 
cents more than the national average, and 20 cents more than a week ago. 
The Southeast 8 oz. block cheese price was $2.34, 10 cents more than a 
week ago. At the CME Group, Tuesday's daily cash trading saw barrels 
close at $1.6375, up $0.0075 from a week ago; blocks closed at $1.6700, 
down $0.0075 from a week ago.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.0425-2.3275     
Process 5# Sliced                            : 1.8325-2.3125     
Muenster                                     : 2.0625-2.4125     
Grade A Swiss Cuts 10 - 14#                  : 3.2100-3.5325     

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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