MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  September 28, 2016 (REPORT 39)                     


NORTHEAST WHOLESALE CHEESE: 

Cheese production is steady. Some manufacturers would make 
additional cheese if more milk were available. It is noted that 
strong milk sales are pulling on manufacturing milk supplies. 
Production is clearing to near-term customers' accounts. Cream 
cheese activity continues to grow, while foodservice orders 
increase in the wake of typical seasonal trends. The market 
undertone is mixed. This week, the Northeast cheese wholesale 
selling price for cheddar blocks and Muenster shrank $0.0825. 
Process 5# prices declined $0.0275. Grade A Swiss cheese prices 
are steady. According to the DMN National Retail Report-Dairy, 
for September 23-29, 2016, the Northeast weighted average 
advertised price for 8 oz. cheese blocks was $2.17, 1 cent less 
than the national average, but unchanged from the previous week. 
The Southeast 8 oz. block cheese price was $2.25, down 20 cents 
from last week's average. The Northeast advertised price for 8 
oz. cheese shreds was $2.12, 4 cents lower that the national 
average price. In the Southeast, the average price for 8 oz. 
shredded cheese is $2.18, down 22 cents from last week. 
Tuesday's CME Group daily cash prices saw barrel cheese close at 
$1.4600, down $0.0475 from the previous week, and blocks closed 
at $1.5350, down $0.0625 from a week ago.
COLD STORAGE: According to NASS, U.S. stocks of total natural 
cheese in all warehouse as of August 31, 2016 amounted to 1.243 
billion pounds, 6% above a year ago, but 3% below last month. 
Public warehouse stocks totaled 828.6 million pounds. Swiss 
cheese totaled 26.0 million pounds, 17% above a year ago and 1% 
more than last month.   

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.9775-2.2625     
Process 5# Sliced                            : 1.7025-2.1825     
Muenster                                     : 1.9625-2.3125     
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