MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  November 22, 2016 (REPORT 47)                      


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Although output is active, cheese manufacturers expect cheese 
production rates to rise as extra milk becomes available during 
the Thanksgiving week. Some cheese packagers and processors will 
close plants an additional day. Demand mostly is uneven, which 
is typical for the holiday-shortened week. Last week saw both 
the blocks and barrels weekly average prices at the CME Group 
switch directions while establishing a spread of $0.1935. As a 
result, this week the Northeast wholesale cheese prices for 
cheddar and Muenster declined $.0350, while the process 5# 
sliced cheese price dropped $0.1200. The Grade A Swiss price is 
steady. Monday's CME Group daily cash prices saw barrel cheese 
close at $1.7400, up $0.0350 from a week ago. Block cheese ended 
the day at $1.9100, up $0.0250 from the previous Monday's close. 
The DMN National Retail Report-Dairy, for November 18-24, 2016, 
noted the Northeast weighted average advertised price for 8 oz. 
cheese blocks was $2.18, up 3 cents compared to the national 
average, and 4 cents above the previous week. Southeast 8 oz. 
block cheese price was $2.23, up 16 cents from the previous 
week. The Northeast advertised prices for 8 oz. cheese shreds 
was $2.28, 4 cents above the national average price and 10 cents 
above the previous week. In the Southeast, the average price for 
8 oz. shred cheese was $2.35, up 48 cents from last week.

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.2900-2.5750     
Process 5# Sliced                            : 1.8975-2.3775     
Muenster                                     : 2.2750-2.6250     
Grade A Swiss Cuts 10 - 14#                  : 3.3275-3.6500     


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