MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  December 23, 2015 (REPORT 51)                      


NORTHEAST WHOLESALE CHEESE:                                      

Cheese production is steady to heavier as fluid milk demand slows with 
school closings for the holidays. Some smaller add-on orders are being 
shipped, as buyers hold back on sizeable purchases until the yearend 
holiday period concludes. Most packagers and processors will operate on 
holiday shortened schedules over the next two weeks, limiting the need 
for bulk cheese. At this point, cheese manufacturers are comfortable with 
their stock levels. This week, Northeast cheese price drops were the same  
for 40# blocks and Muenster, and process cheese. Wholesale prices for 
each cheese type dropped $0.0475. Grade A Swiss prices are unchanged. 
According to the DMN National Retail Report-Dairy, during the week of 
December 18-24, 2015 the weighted average advertised price for 8 ounce 
cheese blocks in the Northeast was $2.38, 16 cents more than the national 
average, but 9 cents less than a week ago. The Southeast 8 ounce block 
cheese price was $2.34, 20 cents less than a week ago. Wednesday's CME 
Group daily cash trading saw barrels close at $1.4200, up $0.0100 from a 
week ago; blocks closed at $1.4000, down $0.0100 from a week ago.

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.8275-2.1125     
Process 5# Sliced                            : 1.6450-2.1250     
Muenster                                     : 1.8475-2.1975     
Grade A Swiss Cuts 10 - 14#                  : 3.2100-3.5325     


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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