MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  August 26, 2015 (REPORT 34)                        


NORTHEAST WHOLESALE CHEESE:                                      

Milk intakes are somewhat softer, however, some Northeast cheese plants 
continue to run full production schedules. Output is holding steady for 
regular cheddar and low fat cheddar. Some manufacturers are focusing on 
building existing stocks. Increasing demand for mozzarella from the food 
service sector is encouraging for processors, albeit anticipated interest 
level is slow to develop. Buyers are mostly procuring cheese to restock 
used supplies, while careful not to increase inventories at this stage. 
According to the DMN National Retail Report-Dairy, during the week of 
August 21-27, the weighted average advertised price for 8 ounce cheese 
blocks in the Northeast was $2.17, 14 cent less than the national 
average, and 20 cents less than a week ago. The Southeast 8 ounce block 
cheese price was $2.62, 3 cent more than a week ago. This week, cheese 
prices for Northeast wholesale cheddar and Muenster declined $0.0175; 
process 5# sliced dipped $0.0300.  The Grade A Swiss Cuts price is 
steady. Tuesday's CME Group daily cash trading saw barrels close at 
$1.6200, down $0.0400 from a week ago; blocks closed at $1.6700, down 
$0.0050 from a week ago. 
Cold Storage:  According to NASS, U.S. stocks of total natural cheese as 
of July 31, 2015 totaled 1.162 billion pounds, 10% more than a year ago 
and 2% above the previous month.  Other cheese totaled 442.5 million 
pounds, 20% more than a year ago, and 2% more than the previous month.  
Swiss cheese totaled 21.6 million pounds, 12% less than a year ago but 4% 
above last month.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.0975-2.3825     
Process 5# Sliced                            : 1.8900-2.3700     
Muenster                                     : 2.1175-2.4675     
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-
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