MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  January 18, 2017 (REPORT 3)                        

NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Cheese production is increasing for some manufacturers, prompted by 
incremental increases in milk receipts. Producers are comfortable with 
the stocks they have on hand at this time. Offerings are increasing at 
moderate rates. Buyers are trying to keep stocks low. With Super Bowl 
weekend, a major sales event only a few weeks away, orders are 
shipping to meet the anticipated demand. Overall, interest is good.   
The market undertone is steady. This week, Northeast wholesale cheese 
prices for cheddar and Muenster increased $0.0550, while 5# sliced 
process cheese prices increased $0.0350. The Grade A Swiss price is 
steady. Tuesday's CME Group daily cash prices saw barrels close at 
$1.6375, up $0.0075 from a week ago. Blocks closed at $1.7050, down 
$0.0150 from a week ago. The DMN National Retail Report-Dairy, for 
January 13-19, 2017, noted the Northeast weighted average advertised 
price for 8 oz. cheese blocks was $2.19, 3 cents above the national 
average, with a regional price range of $1.66-$2.50. The Southeast 8 
oz. block average price was $1.99, 17 cents below the national 
average, with a regional price range of $1.67-$2.50. The Northeast 
average advertised price for 8 oz. cheese shreds was $2.43, 31 cents 
above the national average price, with a regional price range of 
$1.99-$3.00. In the Southeast, the average price for 8 oz. shreds was 
$2.27, 15 cents above the national average, with prices ranging $1.67-
$3.00. 

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.1825-2.4675     
Process 5# Sliced                            : 1.7575-2.2375     
Muenster                                     : 2.1675-2.5175     
Grade A Swiss Cuts 10 - 14#                  : 3.0950-3.4175     

1100CT daniel@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