MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  September 09, 2015 (REPORT 36)                     


NORTHEAST WHOLESALE CHEESE:                                      

Cheese production is limited as seasonal milk moves to fluid accounts.  
However, volumes are adequate for fulfilling near-term orders. Cheese 
vats are active, especially for mozzarella, as pizza sales are increasing 
with schools and universities back in session. As fall demand increases, 
some buyers maintain a cautious approach, while sourcing needed supplies.   
According to the DMN National Retail Report-Dairy, during the week of 
September 4-10, the weighted average advertised price for 8 ounce cheese 
blocks in the Northeast was $2.21, 7 cents more than the national 
average, but 21 cents less than a week ago. The Southeast 8 ounce block 
cheese price was $2.13, 22 cents less than a week ago. As fall buying 
patterns began to emerge, cheese prices for Northeast wholesale cheddar 
and Muenster increased $0.0325; process 5# sliced increased $0.0475. 
Grade A Swiss Cuts 10-14# prices increased $0.0600, a result of lagging 
adjustments based on Class III component prices. Tuesday's CME Group 
daily cash trading saw barrels close at $1.6700, unchanged from a week 
ago; blocks closed at $1.6950, down $0.0550 from a week ago. The Foreign 
Agricultural Service (FAS) reports that July 2015 U.S. cheese and curd 
exports totaled 56.3 million pounds, a 21% drop from a year ago.
DAIRY PRODUCTS:  According to NASS, U.S. total cheese production in July 
2015 was 988.4 million pounds, 3.1% more than a year ago and 2.5% more 
than the previous month.  In the Atlantic region, total cheese production 
was 117.7 million pounds, 5.3% more than a year ago and 4.4% more than 
the previous month.  The total cheese production and percentage change 
from one year ago for individual Eastern states are: New York 66.9 
million pounds, +11.6%; Pennsylvania 33.7 million pounds, -3.2%; and 
Vermont 10.5 million pounds, +4.2%.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.1100-2.3950     
Process 5# Sliced                            : 1.8750-2.3550     
Muenster                                     : 2.1300-2.4800     
Grade A Swiss Cuts 10 - 14#                  : 3.3125-3.6350     


2015 U.S. Cheese and Curd Exports (USDA-FAS)

                 2015 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

July Total          56.3            - 21

TOTAL, JAN - JULY  442.2            - 13

1 Mexico           121.7            + 15
2 South Korea       88.1            - 7
3 Japan             50.8            - 37
4 Australia         26.9            + 6
5 China             17.3            - 2

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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