MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  September 21, 2016 (REPORT 38)                     

NORTHEAST WHOLESALE CHEESE:                                      
                                                                
Extra milk supplies were available this week, increasing cheese 
production. Sources report a dairy operation in the region was 
unable to process milk supplies due to a maintenance problem. 
Prior to those loads becoming available, limited volumes of milk 
solids were obtainable, apart from contracted customer loads. 
Market demand for mozzarella cheese continues to be very good 
with strong orders from food service and pizza makers. Cheddar 
manufacturers are comfortable with their current inventories. 
The undertone in the Northeast is unsettled. This week, the 
Northeast wholesale cheese selling price for cheddar blocks and 
Muenster moved lower $0.0475, as the Process 5# price tumbled 
$0.1050. The Grade A Swiss cheese price is unchanged. According 
to the DMN National Retail Report-Dairy, for September 16-22, 
2016, the Northeast weighted average advertised price for 8 oz. 
cheese blocks was $2.17, 23 cents less than the national 
average, but 9 cents more than the previous week. The Southeast 
8 oz. block cheese price was $2.45, up 13 cents from last week's 
average. The Northeast advertised price for 8 oz. cheese shreds 
was $2.26, 13 cents lower that the national average price. In 
the Southeast, the average price for 8 oz. shredded cheese is 
$2.40, up 10 cents from last week. Tuesday's CME Group daily 
cash prices saw barrels cheese close at $1.5075, dipping $0.0425 
from a week ago, while blocks closed at $1.5975, down $0.0675 
from the previous Tuesday.  

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.0600-2.3450     
Process 5# Sliced                            : 1.7300-2.2100     
Muenster                                     : 2.0450-2.3950     
Grade A Swiss Cuts 10 - 14#                  : 2.9175-3.2400     

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