MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  August 16, 2017 (REPORT 33)                        

NORTHEAST WHOLESALE CHEESE:                                      

Cheese production remains steady with last week. As such, output 
levels are mostly in balance with orders. Demand shows signs of 
improving for mozzarella as food service prepares for the fall 
school year. Process cheese interest is somewhat quieter, with                                                              
cheddar interest seeing a seasonal downturn, but retail movement 
is holding up well. This week, a cooperative export assistance 
program accepted 11 requests to sell 1.601 million pounds (726 
metric tons) of cheese. Cheese markets are currently unsettled, 
however there is near-term expectancy of prices moving upwards 
to align with characteristic fall interest and diminishing milk 
supplies. A week after posting a consecutive increase for weekly 
average prices at the CME Group, the Northeast wholesale prices 
for 40# block and muenster dropped $0.0475, while process 5# 
sliced declined $0.0175. Grade A Swiss prices are steady, 
following last week's price increase. The DMN National Retail 
Report-Dairy, for August 11-17, 2017, notes that the Northeast 
advertised weighted average price for 8 oz. cheese blocks was 
$2.20, 15 cents below the national average, with a regional 
price range of $1.88-$3.00. In the Southeast, 8 oz. blocks 
averaged $2.49, 14 cents higher than the national average, with 
a regional price range of $1.49-$3.00. The Northeast advertised 
average price for 8 oz. cheese shreds was $2.15, equivalent to 
national average, with a regional price range of $1.67-$3.49. In 
the Southeast region, 8 oz. cheese shreds averaged $2.13, 2 
cents below the national average with a range of $1.49-$2.50. 

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.1325-2.4175     
Process 5# Sliced                            : 1.7125-2.1925     
Muenster                                     : 2.1175-2.4675     
Grade A Swiss Cuts 10 - 14#                  : 3.1725-3.4950    

1100CT daniel.johnson@ams.usda.gov  608.422.8605
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