MD_DA810                                                         
DA                                                               
MD DA810 Cheese - Northeast                                      

MADISON, WI.  September 20, 2017 (REPORT 38)                     

NORTHEAST WHOLESALE CHEESE:                                      
                                                                 
Cheese production in the East is a reflection of the steady and 
seasonal milk moving into plants. Most manufacturers? milk receipts 
are restricted due to school lunch program needs. Cheese inventories 
are seeing limited growth, as stocks are mostly adequate. Processors 
note cheese sales as generally good, while some retail and wholesale 
distribution channels in the South are disrupted by the consequences 
from Hurricane Irma. The cheese market, in general, displays a weak to 
unsettled undertone. At the CME Group, weekly average cheese prices 
for blocks and barrels are lower. Cheese blocks fell marginally, 
$0.0050, and cheese barrels declined $0.0450. Consequently, the 
wholesale market selling prices for cheddar, process, and Munster 
shrank this week. Conversely, the wholesale Swiss price remains 
steady. The DMN National Retail Report-Dairy, for 15-21, 2017, notes 
that Northeast retail markets posted advertised weighted average 
prices for 8 ounce cheese blocks at $2.22, 13 cents higher than the 
U.S. average, with prices ranging $1.25-$3.29. The Southeast region?s 
8 ounce block price averaged $2.26, 17 cents above the national retail 
average, with a price range of $1.99-$2.50. In the Northeast, the 
advertised average price for 8 ounce cheese shreds was $2.14, 3 cents 
below the national average, with a regional price range of $1.25-
$2.99. In the Southeast, 8 ounce cheese shreds averaged $2.27, 10 
cents above the national average, while retail prices ranged $1.99-
$2.50. 

WHOLESALE SELLING PRICES: DELIVERED,                             
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)                
                                                                 
Cheddar 40# Block                            : 2.0625-2.3475     
Process 5# Sliced                            : 1.6700-2.1500     
Muenster                                     : 2.0475-2.3975     
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