MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  November 18, 2015 (REPORT 46)                      


NORTHEAST WHOLESALE CHEESE:                                      

Ample milk supplies to some processing plants encourage the region's 
cheddar production. Yields are higher, as sources notice comparative 
improvements in component levels. Interest in process cheese is mixed. 
Generally, orders are steady to lighter. Inventories are adequate for 
current buyer interest. Holiday cheese buying continues, supported by 
numerous cheese promotions and features. Manufacturers are attentive to 
recent discussions of some area plant closings, and the likelihood of 
increased milk volumes in the region. According to the DMN National 
Retail Report-Dairy, during the week of November 13-19, 2015 the weighted 
average advertised price for 8 ounce cheese blocks in the Northeast was 
$2.48, 13 cents more than the national average, but 18 cents less than a 
week ago. The Southeast 8 ounce block cheese price was $2.27, 31 cents 
less than a week ago. This week, the Northeast wholesale cheddar and 
Muenster prices moved up $0.0200, but prices for processed cheese 
declined $0.0550. Grade A Swiss is unchanged. Tuesday's CME Group daily 
cash trading saw barrels close at $1.4500, down $0.1400 from a week ago; 
blocks closed at $1.5700, down $0.1300 from a week ago. 

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.0625-2.3475     
Process 5# Sliced                            : 1.7625-2.2425     
Muenster                                     : 2.0825-2.4325     
Grade A Swiss Cuts 10 - 14#                  : 3.2600-3.5825     


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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