MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  November 30, 2016 (REPORT 48)                      

NORTHEAST WHOLESALE CHEESE:   

This week lots of milk is available in the Northeast for 
cheesemakers. Most are maintaining steady production. Some 
manufacturers are working to get ahead of anticipated orders for 
holiday season cheese. Blocks remain a bit tighter than some 
buyers prefer, but overall, buying interest is being supplied.
The DMN National Retail Report-Dairy, for November 25-December 
1, 2016, noted the Northeast weighted average advertised price 
for 8 oz. cheese blocks was $2.17, 6 cents lower than the 
national average, with a regional price range of $1.50-$3.00. 
The Southeast 8 oz. block average price was $2.63, 40 cents 
above the national average, with a regional price range of 
$2.00-$2.99. The Northeast average advertised price for 8 oz. 
cheese shreds was $2.16, 1 cent below the national average 
price, with a regional price range of $1.67-$2.99. In the 
Southeast, the average price for 8 oz. shred cheese was $2.32, 
with a price range of $1.67-$2.50. NASS Cold Storage reports 
that total U.S. natural cheese stocks in refrigerated warehouses 
on October 31, 2016, 1.2 billion pounds, were down 2% from one 
month earlier but up 6% from one year earlier. The Northeast 
wholesale cheese prices for cheddar and Muenster increased 
$.0025, and the process 5# sliced cheese price increased 
$0.0150. The Grade A Swiss price is steady. Tuesday's CME Group 
daily cash prices saw barrel cheese close at $1.6550, down 
$0.0600 from a week ago. Block cheese closed Tuesday at $1.7800, 
down $0.1350 from a week ago.                                 
                                                                 
WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.2925-2.5775     
Process 5# Sliced                            : 1.9125-2.3925     
Muenster                                     : 2.2775-2.6275     
Grade A Swiss Cuts 10 - 14#                  : 3.3275-3.6500      

1100CT eric.graf@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