MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  March 16, 2016 (REPORT 11)                         


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Milk volumes are keeping most, if not all, cheese plants operating on 
heavy seasonal schedules. Overall, cheese sales are fair to good and 
improving, as holiday needs help boost transactions. Orders from the 
food service industry are steady. Manufacturers note that higher than 
expected milk protein levels are increasing cheese yields.                                                                 
Wholesale cheddar and Muenster prices continued higher, $0.0350 this 
week, based on the previous week's average block price. In addition, 
the wholesale selling price for process 5# cheese saw a $0.0225 
increase, based on last week's average price for barrels. According 
to the DMN National Retail Report-Dairy, for, March 11-17, 2016, the 
Northeast weighted average advertised price for 8 oz. cheese blocks 
was $2.27, 16 cents below the national average, but 9 cents higher 
than the previous week. The Southeast 8 oz. block cheese price was 
$3.15, up 61 cents from the previous week. Tuesday's CME Group daily 
cash prices saw barrels close at $1.4300, down $0.0350 from a week 
ago; blocks closed at $1.4875, down $0.0325 from a week ago.

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.9175-2.2025     
Process 5# Sliced                            : 1.6700-2.1500     
Muenster                                     : 1.9375-2.2875     
Grade A Swiss Cuts 10 - 14#                  : 3.0550-3.3775     


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-home