MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  April 20, 2016 (REPORT 16)                         


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Cheese production requirements continue to drop available processing 
room to minimal at some Northeast cheese manufacturing plants. Plant 
milk intakes are at seasonal high levels. Demand is unbalanced as 
cheddar stocks build.  Industry contacts suggest this is not causing 
major concern, as they are comfortable with current inventory levels. 
Domestic interest from retail and food service remains steady to 
lower, subsequent to post-holiday declines. Northeast wholesale 
cheese prices continue to demonstrate weakness as cheddar and 
muenster declined $0.0100. In addition, process cheese saw a $0.0125 
decline. The Grade A Swiss price is steady. According to the DMN 
National Retail Report-Dairy, for April 15-21 2016, the Northeast 
weighted average advertised price for 8 oz. cheese blocks was $2.26, 
7 cents below the national average and 9 cents lower than the 
previous week. The Southeast 8 oz. block cheese price was $2.42, down 
40 cents from the previous week. Tuesday's CME Group daily cash 
prices saw barrels close at $1.4200, down $0.0150 from a week ago; 
blocks closed at $1.4275, up $0.0025 from a week ago. 

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.8300-2.1150     
Process 5# Sliced                            : 1.6225-2.1025     
Muenster                                     : 1.8500-2.2000     
Grade A Swiss Cuts 10 - 14#                  : 2.9750-3.2975     


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