MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  July 29, 2015 (REPORT 30)                          

NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Cheese production continues to be very active in the Northeast for this 
time of year, due to the strong milk production volumes being experienced 
this year. Most cheese plants are operating on 6-7 day production 
schedules. Hot, humid weather in the region has caused milk components to 
decline, resulting in lower yields. Demand for cheese is about steady 
with levels experienced in recent weeks. Northeast wholesale cheese 
prices for cheddar and Muenster increased $0.0200; process 5# sliced 
gained $0.0275. Grade A Swiss prices are unchanged. According to the DMN 
National Retail Report-Dairy, for the week of July 24-30, the weighted 
average advertised price for 8 oz. cheese blocks in the Northeast was 
$2.42, 15 cents more than the national average, but 3 cents less than a 
week ago. The Southeast 8 oz. block cheese price was $2.19, 15 cents less 
than a week ago. At the CME Group, Tuesday's daily cash trading saw 
barrels close at $1.6400, up $0.0025 from a week ago; blocks closed at 
$1.6400, down $0.0300 from a week ago. According to NASS, U.S. stocks of 
total natural cheese on June 30, 2015 totaled 1.141 billion pounds, 8% 
more than a year ago, and 3% above the previous month. Other cheese 
totaled 435.4 million pounds, 17% more than a year ago, and 3% more than 
the previous month.  Swiss cheese totaled 20.8 million pounds, 25% less 
than a year ago and 3% less than the previous month.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.0625-2.3475     
Process 5# Sliced                            : 1.8600-2.3400     
Muenster                                     : 2.0825-2.4325     
Grade A Swiss Cuts 10 - 14#                  : 3.2100-3.5325     

1100CT 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-
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