MD_DA810 DA MD DA810 Cheese - Northeast MADISON, WI. September 13, 2017 (REPORT 37) NORTHEAST WHOLESALE CHEESE: Cheese yields are showing some improvement, but with overall milk receipts trending lower, surplus milk is not as available and operating schedules are down accordingly. Shifts in vacation and resort food service orders to urban areas are noted while typical for this time of year. Mozzarella supplies are adequate for the current seasonally improving demand. Wholesale Swiss cheese sales exceed expectations as a processing plant located outside the Eastern region remains down. Manufacturers are anticipating some order cancellations, as shipments are being terminated due to the effect of Hurricane Irma. At the CME Group, the weekly average cheese prices have advanced once again after several weeks of retreats. Cheese barrels rose $0.0575 and the block price extended $0.0975. Accordingly, wholesale market cheese prices in the Northeast for process, Muenster, and cheddar blocks adjusted higher. The DMN National Retail Report- Dairy, for September 8-14, 2017, notes that Northeast retail markets posted advertised weighted average prices for 8 ounce cheese blocks at $2.20, equivalent to the U.S. average, with a regional price range of $1.50-$2.50. The Southeast region's 8 ounce block price averaged $2.18, 2 cents below the national retail average, with a price range of $1.67-$2.50. The Northeast advertised average price for 8 ounce cheese shreds was $2.16, 10 cents below the national average, with a regional price range of $1.50-$3.00. In the Southeast region, 8 ounce cheese shreds averaged $2.20, 6 cents below the national average with retail prices ranging $1.67-$2.50. WHOLESALE SELLING PRICES: DELIVERED, DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS) Cheddar 40# Block : 2.0675-2.3525 Process 5# Sliced : 1.7150-2.1950 Muenster : 2.0525-2.4025 Grade A Swiss Cuts 10 - 14# : 3.2725-3.5950 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