MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  January 27, 2016 (REPORT 4)                        


NORTHEAST WHOLESALE CHEESE:                                      
 
The winter snow storm Jonas, which blanketed areas of the Northeast, 
hindered the movement of milk supplies to several area cheese plants. 
Consequently, limited production moved into and out of distributors' 
warehouses. Retail sales and food service orders were slowed by the snow 
storm as conditions continue to make deliveries to stores and restaurants 
difficult. With prices shifting lower this week, the market undertone 
remains unsettled. Wholesale cheese prices for blocks and barrels 
retreated after three weeks of continuous increases. In the Northeast, 
prices for cheddar and Muenster declined, $0.0100, while processed cheese 
prices declined $0.0475. Grade A Swiss prices are steady. According to 
the DMN National Retail Report-Dairy, for January 22-28, 2016, the 
Northeast weighted average advertised price for 8 oz. cheese blocks was 
$2.33, equivalent to the national average, and unchanged from the 
previous week. The Southeast 8 oz. block cheese price was $2.81, 38 cents 
more than the previous week. Tuesday's CME Group daily cash prices saw 
barrels close at $1.4300, down $0.0675 from a week ago; blocks closed at 
$1.4600, down $0.0400 from a week ago.
COLD STORAGE:  According to NASS, U.S. stocks of total natural cheese as 
of December 31, 2015 totaled 1.146 billion pounds, 13% more than a year 
ago, but unchanged from the previous month.  Swiss cheese totaled 24.6 
million pounds, 16% more than a year ago and 8% above last month.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.8925-2.1775     
Process 5# Sliced                            : 1.6750-2.1550     
Muenster                                     : 1.9125-2.2625     
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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