MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  August 23, 2017 (REPORT 34)                        


NORTHEAST WHOLESALE CHEESE:                                      

With drops in available milk supplies, production rates have 
declined at most cheese plants. Hence, there is little extra 
cheese clearing into inventories. Consumer retail demand is 
moderate; advertisement volumes appear mixed, depending on the 
area of the region. Institutional and restaurant interest ranges 
fair to good, from the influence of schools moving back in 
session. This week, a cooperative export assistance program 
accepted requests to sell 88,185 pounds (40 metric tons) of 
cheese. Last week concluded with stronger CME Group weekly 
average prices for both block and barrel. As such, this week 40# 
block and Muenster adjusted higher $0.0475. Process 5# sliced 
climbed $0.1250. The Grade A Swiss price is unchanged. Tuesday, 
in CME Group trading, barrel cheese exchanged hands at a high 
rate, 23 lots. Sellers cleared stocks with 20 lots transacted 
through offers. The DMN National Retail Report-Dairy, for August 
18-24, 2017, notes the Northeast advertised weighted average 
price for 8 oz. cheese blocks was $2.23, 14 cents below the 
national average, with a regional price range of $1.50-$3.99. 
In the Southeast, 8 oz. blocks averaged $2.58, 21 cents above 
the national retail average, with a price range of $2.00-$2.78. 
The Northeast advertised average price for 8 oz. cheese shreds 
was $2.09, 19 cents below the national average, with a regional 
price range of $1.50-$3.49. In the Southeast region, 8 oz. 
cheese shreds averaged $2.44, 16 cents above the national 
average with a range of $1.99-$3.99. 

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.1800-2.4650     
Process 5# Sliced                            : 1.8375-2.3175     
Muenster                                     : 2.1650-2.5150     
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