MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  October 19, 2016 (REPORT 42)                       

NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
With adequate milk supplies on hand and rising milk component 
levels, area cheese production is seasonally strong as some 
cheese operations run near capacity. Stocks are sufficient for 
most near term commitments, although, market participates have 
indicated that some mozzarella inventories are sold out. The 
upcoming Halloween holiday is one of the top-five pizza sale 
days. Hence, cheese orders from wholesalers moving into food 
service are active. This week, Northeast wholesale cheddar 40# 
block and Muenster cheese prices declined $.0075, while process 
5# sliced prices fell $0.0150. The Grade A Swiss price is 
unchanged. Meanwhile, sources credit a CME price upswing to 
market uncertainty, arising from talk of additional government 
surplus purchases along with the impact of world market prices 
on export volumes. Tuesday's CME Group daily cash prices saw 
barrel cheese close at $1.6100, a noteworthy upswing of $0.1400 
from a week ago. Cheese blocks closed at $1.6800, surging 
$0.1625 from a week ago. The DMN National Retail Report-Dairy, 
for October 14-20, 2016, noted the Northeast weighted average 
advertised price for 8 oz. cheese blocks was $2.25, down 20 
cents compared to national average and 1 cent less than the 
previous week. The Southeast 8 oz. block cheese price was $2.83, 
up 44 cents from last week.  The Northeast advertised price for 
8 oz. cheese shreds was $2.26, 4 cents below the national 
average price, and 2 cents below the previous week. In the 
Southeast, the average price for 8 oz. shred cheese was $2.45 up 
6 cents from last week. National cheese retail ads continued to 
increase this week. 

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 1.9275-2.2125     
Process 5# Sliced                            : 1.6650-2.1450     
Muenster                                     : 1.9125-2.2625     
Grade A Swiss Cuts 10 - 14#                  : 3.1425-3.4650     




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