MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  August 05, 2015 (REPORT 31)                        


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Most cheese manufacturers are operating heavy production schedules in 
preparation of the expected demand from food service and pizza makers, 
ahead of the fall school-term. Cheese makers are improving yields through 
fortification processes, as solid contents decline at seasonal rates. 
Manufacturing supplies are sufficient for fulfilling existing orders, as 
inventories levels steadily increase. According to the DMN National 
Retail Report-Dairy, during the week of July 31-August 6, the weighted 
average advertised price for 8 oz. cheese blocks in the Northeast was 
$2.27, 5 cents more than the national average, but 15 cents less than a 
week ago. The Southeast 8 oz. block cheese price was $1.79, 40 cents less 
than a week ago. Northeast wholesale cheese prices for cheddar and 
Muenster climbed $0.0300; process 5# sliced moved higher $0.0350. Grade A 
Swiss prices are steady. The CME Group monthly average price for cheese 
blocks during July 2015 was $1.6659, compared to $1.9870 a year ago; 
barrels averaged $1.6313, compared to $1.9970 a year ago. Tuesday's CME 
Group daily cash trading saw barrels close at $1.6925, up $0.0525 from a 
week ago; blocks closed at $1.7200, up $0.0800 from a week ago. 
DAIRY PRODUCTS:  According to NASS, U.S. total cheese production in June 
2015 was 959.0 million pounds, 1.5% more than a year ago but 3.1% less 
than the a month ago. In the Atlantic region, total cheese production was 
112.7 million pounds, 5.0% less than a year ago but 0.7% more than a 
month ago. The total cheese production and percentage change from one 
year ago for individual Eastern states are: New York 63.1 million pounds, 
-3.6%; Pennsylvania 32.8 million pounds, -5.7%; and Vermont 10.2 million 
pounds, +4.3%.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.0925-2.3775     
Process 5# Sliced                            : 1.8950-2.3750     
Muenster                                     : 2.1125-2.4625     
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: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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