MD_DA840                                                         
DA                                                               
MD DA840 Cheese - West                                           

MADISON, WI.  January 14, 2015 (REPORT 2)                        

WEST CHEESE 

Wholesale cheese prices in the West are higher this week. Swiss cheese prices are 
steady. The market tone remains steady this week. Cheese production is mostly steady 
to higher as milk supplies in the West slowly increase. Cheese stocks are building.  
Export demand is low but starting to pick up. According to National Retail Report-
Dairy, the average national price for a 1 pound block of cheese was $3.95, $.21 above 
last week. The U.S. average advertised price in the Southwest was $5.49. Cheese 
prices at the CME Group on Wednesday had barrels closing at $1.4425.  This is a 
$.1025 slide from last Wednesday.  Blocks closed at $1.4700, a $.1000 decline from a 
week ago.    
                                                     
                                                                 
WHOLESALE SELLING PRICES:  DELIVERED, DOLLARS PER POUND          
(1000 - 5000 POUNDS MIXED LOTS)                                  
                                                                 
Process 5# Loaf                              : 1.6700-1.9275     
Cheddar 40# Block                            : 1.7050-2.1500     
Cheddar 10# Cuts                             : 1.8850-2.1050     
Monterey Jack 10#                            : 1.8950-2.0550     
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