MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  February 17, 2016 (REPORT 7)                       


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
The cheese market is mixed. Last week, the weekly average price adjusted 
higher for both blocks and barrels. As a result, prices this week for 
Northeast cheddar and Muenster increased $0.0150, and the process cheese 
price increased $0.0150. Grade A Swiss cuts are unchanged. Tuesday's CME 
Group daily cash prices saw barrels close at $1.4600, down $0.0050 from a 
week ago; blocks closed at $1.4900, up $0.0200 from a week ago. Major 
cheese manufacturers tend to run full schedules. Inventories in general 
are steady to improving but the levels of increases are marginal for some 
based on volume of committed cheese moving through production. According 
to the DMN National Retail Report-Dairy, for February 12-18, 2016, the 
Northeast weighted average advertised price for 8 oz. cheese blocks was 
$2.19, 3 cents less than the national average, but unchanged from the 
previous week. The Southeast 8 oz. block cheese price was $2.21, 18 cents 
more than the previous week. 


WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.8950-2.1800     
Process 5# Sliced                            : 1.6675-2.1475     
Muenster                                     : 1.9150-2.2650     
Grade A Swiss Cuts 10 - 14#                  : 3.1525-3.4750     

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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