MD_DA810 DA MD DA810 Cheese - Northeast MADISON, WI. August 19, 2015 (REPORT 33) NORTHEAST WHOLESALE CHEESE: Cheese production in the Northeast remains relatively active, with adequate milk supplies on hand. Nonfat dry milk continues to be used by some cheese makers to offset declining milk volumes and boost yields. With schools set to reopen, orders for mozzarella are increasing. Aged cheddar sales are good and production is mostly steady. Foodservice orders are holding up fairly well, however, the market is nearing the end of summer demand. Cheese retail advertising volumes are up as promotions move into the pipeline for the period surrounding Labor Day. The cheese market is unsettled. According to the DMN National Retail Report-Dairy, during the week of August 14-20, the weighted average advertised price for 8 ounce cheese blocks in the Northeast was $2.37, 1 cent more than the national average, and 2 cents more than a week ago. The Southeast 8 ounce block cheese price was $2.59, 1 cent less than a week ago. This week, prices for Northeast wholesale cheese fell $0.0175 for both cheddar and Muenster. Prices for both process 5# sliced and Grade A Swiss are unchanged. Tuesday's CME Group daily cash trading saw barrels close at $1.6600, down $0.0425 from a week ago; blocks closed at $1.6750, down $0.0700 from a week ago. WHOLESALE SELLING PRICES: DELIVERED, DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS) Cheddar 40# Block : 2.1150-2.4000 Process 5# Sliced : 1.9200-2.4000 Muenster : 2.1350-2.4850 Grade A Swiss Cuts 10 - 14# : 3.2525-3.5750 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- home