MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  January 20, 2016 (REPORT 3)                        


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Cheese production is mostly steady. Cheese inventories are building under 
fair domestic demand. Interest for mozzarella is fair to good for this 
time of year. Pizza promotions are noted, prompted by the NFL playoffs. 
Wintery conditions, from an anticipated heavy snow storm may well impact 
retail purchase patterns in the region. Cheese yields remain solid, with 
fat and protein at typical seasonal levels. This week, wholesale cheese 
prices continue to firm. Cheddar and Muenster increased fractionally, 
$0.0075, while processed cheese prices increased $0.0225. Grade A Swiss 
prices are unchanged. According to the DMN National Retail Report-Dairy, 
for January 15-21, 2016, the Northeast weighted average advertised price 
for 8 oz. cheese blocks was $2.33, 2 cents less than the national 
average, but unchanged from the previous week. The Southeast 8 oz. block 
cheese price was $2.43, 23 cents more than the previous week. Tuesday's 
CME Group daily cash prices saw barrels close at $1.4975, down $0.0250 
from a week ago; blocks closed at $1.5000, up $0.0100 from last Tuesday. 

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.9025-2.1875     
Process 5# Sliced                            : 1.7225-2.2025     
Muenster                                     : 1.9225-2.2725     
Grade A Swiss Cuts 10 - 14#                  : 3.1700-3.4925     

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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