MD_DA810 DA MD DA810 Cheese - Northeast MADISON, WI. September 2, 2015 (REPORT 35) NORTHEAST WHOLESALE CHEESE: Manufacturing schedules are steady to slowing for cheese makers. A few plants are postponing production while completing maintenance activities. Fluid milk needs in the southeast region are pulling heavily on available milk supplies. Cheddar packaging has picked up and will continue through Q4. Restaurant and food service demand remains active. Cream cheese production is strong around holiday orders. The market undertone is unsettled. According to the DMN National Retail Report-Dairy, during the week of August 28-September 3, the weighted average advertised price for 8 ounce cheese blocks in the Northeast was $2.42, 8 cents more than the national average, and 25 cents more than a week ago. The Southeast 8 ounce block cheese price was $2.35, 27 cents less than a week ago. This week, cheese prices for Northeast wholesale cheddar and Muenster declined $0.0200; process 5# sliced moved lower $0.0625. The Grade A Swiss Cuts price is unchanged from the previous week. Tuesday's CME Group daily cash trading saw barrels close at $1.6700, up $0.0500 from a week ago; blocks closed at $1.7500, up $0.0800 from a week ago. The CME Group monthly average price for cheese blocks during August 2015 was $1.7111, compared to $2.1820 one year ago; barrels averaged $1.6689, compared to $2.1961 one year ago. WHOLESALE SELLING PRICES: DELIVERED, DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS) Cheddar 40# Block : 2.0775-2.3625 Process 5# Sliced : 1.8275-2.3075 Muenster : 2.0975-2.4475 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