MD_DA840                                                         
DA                                                               
MD DA840 Cheese - West                                           

MADISON, WI.  January 07, 2015 (REPORT 1)                        

WEST CHEESE 

Western wholesale cheese prices are moving lower.  Swiss cheese prices 
are also slightly lower. According to the NASS Dairy Products report, 
total cheese production in the U.S. in November reached 948.7 million 
pounds, up 2.9% from November 2013. Cumulative total cheese output for 
the U.S. through November is 10.4 billion pounds, up 2.8% from 2013. 
November total cheese production in the Western region was 410.0 
million pounds, up 3.6% from November 2013. Swiss output for the U.S. 
in November is 23.6 million pounds, up 0.5% from a year ago. Cheese 
prices at the CME Group have barrels on Wednesday closing at $1.5450,  
up $.0150 from a week ago and blocks remain at $1.5700, up $.0175.  
                                                     
                                                                 
WHOLESALE SELLING PRICES:  DELIVERED, DOLLARS PER POUND          
(1000 - 5000 POUNDS MIXED LOTS)                                  
                                                                 
Process 5# Loaf                              : 1.6075-1.8650     
Cheddar 40# Block                            : 1.6625-2.1075     
Cheddar 10# Cuts                             : 1.8425-2.0625     
Monterey Jack 10#                            : 1.8525-2.0125     
Grade A Swiss Cuts 6 - 9#                    : 3.6825-4.1125     
    
1530CT Tara.Herbst@ams.usda.gov 608.278.4154
USDA/AMS/Dairy Market News, Madison, Wisconsin 
Dairy Market News website: www.ams.usda.gov/dairymarketnews 
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home