MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  August 3, 2016 (REPORT 31)                        

NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Milk supplies to cheese manufacturers have been fair, even with some 
heat and humidity waves in certain parts of the East. Cheese producers 
are maintaining mostly steady production schedules with demand for 
cheese remaining constant. Manufacturing inventories are adequate with 
short-term orders filled. The market undertone is steady to firm. 
According to the DMN National Retail Report-Dairy, for July 29-August 
4, the Northeast weighted average advertised price for 8 oz. cheese 
blocks was $2.07, 2 cents above the national average and 7 cents above 
the previous week's Northeast price. The Southeast 8 oz. block cheese 
price was $2.14, up 16 cents from last week's Southeast price. The 
July CME Group monthly average for barrels of cheese is $1.7363, up 
$.1050 from last year's monthly average, and 40-pound cheese blocks 
averaged $1.6613, down $.0046 from last year's monthly average. 
Tuesday, at the CME Group, cheese barrels closed at $1.8000, up 
$0.0250 from last week, while blocks closed at $1.7600, up $0.0550 
from week ago prices. 

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.1225-2.4075     
Process 5# Sliced                            : 1.9750-2.4550     
Muenster                                     : 2.1425-2.4925     
Grade A Swiss Cuts 10 - 14#                  : 2.9650-3.2875     

1100CT daniel.johnson@ams.usda.gov 608.557.7006; 
daniel.kim@ams.usda.gov
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