MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  September 23, 2015 (REPORT 38)                     


NORTHEAST WHOLESALE CHEESE:                                      

Northeast cheese production is as active as milk supplies are available. 
Stretches of hot temperatures have reduced milk into manufacturing. Some 
manufacturers have voiced they would make more cheese if they could get 
more milk, as heavy sales orders are pulling on existing milk supplies. 
According to NASS, the August 2015 milk production varies compared to 
August 2014, percentage changes in selected Eastern states are: Florida, 
+1.6%; New York, +2.5%; Pennsylvania, +0.3%; Vermont, -1.8%; and 
Virginia, -1.4%. Mozzarella plants are increasing output to keep pace 
with improving pizza sales. Most production is fully committed to near-
term customers' needs. Cream cheese is very active and foodservice orders 
have increased behind typical seasonal trends. The market undertone is 
mixed. According to the DMN National Retail Report-Dairy, during the week 
of September 18-24, the weighted average advertised price for 8 ounce 
cheese blocks in the Northeast was $2.31, 2 cents more than the national 
average, and 8 cents more than a week ago. The Southeast 8 ounce block 
cheese price was $2.50, 24 cents more than a week ago. Cheese prices for 
Northeast wholesale cheddar and Muenster declined $0.0250; process 5# 
sliced declined $0.0925. Grade A Swiss Cuts 10-14# prices are unchanged. 
Tuesday's CME Group daily cash trading saw barrels close at $1.5100, down 
$0.0400 from a week ago; blocks closed at $1.5950, declining $0.1000 from 
a week ago. 
Cold Storage: According to NASS, U.S. stocks of total natural cheese as 
of August 31, 2015 totaled 1.168 billion pounds, 12% more than a year 
ago, but unchanged from the previous month. Swiss cheese totaled 22.2 
million pounds, 18% less than a year ago but 3% more than last month.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.0650-2.3500     
Process 5# Sliced                            : 1.7700-2.2500     
Muenster                                     : 2.0850-2.4350     
Grade A Swiss Cuts 10 - 14#                  : 3.3125-3.6350     

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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