MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  November 24, 2015 (REPORT 47)                      


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Production is mostly steady in the region as surplus milk contributes to 
Northeast cheese production. As more milk becomes available an upturn in 
output is anticipated. Buyers are continuing to clear cheese orders as 
needed, and waiting for price declines. Retail sales are steady, at fair 
to good levels. The market undertone is mixed. In the Northeast, this 
week, wholesale cheese prices for cheddar and Munester declined $0.0900. 
Process cheese prices moved lower $0.1025. Grade A Swiss prices are 
steady. According to the DMN National Retail Report-Dairy, during the 
week of November 20-26, 2015 the weighted average advertised price for 8 
ounce cheese blocks in the Northeast was $2.37, 9 cents more than the 
national average, but 11 cents less than a week ago. The Southeast 8 
ounce block cheese price was $2.28, 1 cent more than a week ago. 
Tuesday's CME Group daily cash trading saw barrels close at $1.5325, up 
$0.0825 from a week ago; blocks closed at $1.5700, unchanged from a week 
ago. 

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.9725-2.2575     
Process 5# Sliced                            : 1.6600-2.1400     
Muenster                                     : 1.9925-2.3425     
Grade A Swiss Cuts 10 - 14#                  : 3.2600-3.5825     	

1200CT 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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