MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  December 14, 2016 (REPORT 50)                      


NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Cheese output in the East is steady at moderate levels. Milk supplies 
are adequate with less surplus volumes available to local cheese 
plants. Cheddar is seasonally active, but current prices can be a 
deterrent. Process and mozzarella cheeses are holding at good levels, 
as fast food outlets and other restaurants are enjoying good business 
over the holiday shopping season. Store ads and feature activity are 
seeing minor reductions. The market undertone is steady. The DMN 
National Retail Report-Dairy, for December 9-15, 2016, noted the 
Northeast weighted average advertised price for 8 oz. cheese blocks 
was $1.94, 4 cents above the national average, with a regional price 
range of $1.49-$2.99. The Southeast 8 oz. block average price was 
$1.78, 12 cents below the national average, with a regional price 
range of $1.49-$2.50. The Northeast average advertised price for 8 oz. 
cheese shreds was $1.99, 12 cents below the national average price, 
with a regional price range of $1.88-$2.00. In the Southeast, the 
average price for 8 oz. shred cheese was $2.07, with a price range of 
$2.00-$2.50. The Northeast wholesale cheese price for cheddar and 
Muenster declined $0.0650, and the process 5# sliced cheese price 
dropped $0.0525. Tuesday's CME Group daily cash prices saw barrels 
closed at $1.6800, up $0.0875 from a week ago. Blocks closed Tuesday 
at $1.7575, up $0.0250 from a week ago. 

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.1275-2.4125     
Process 5# Sliced                            : 1.7850-2.2650     
Muenster                                     : 2.1125-2.4625     
Grade A Swiss Cuts 10 - 14#                  : 3.2700-3.5925     

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