MD_DA840                                                         
DA                                                               
MD DA840 Cheese - West                                           

MADISON, WI.  January 21, 2015 (REPORT 3)                        

WEST CHEESE  

Western cheese prices were lower this week. Some manufacturers are running at 
full production.  Demand is steady.  There has been some more spot 
availability due to export demand decreasing.  Inventories are building 
slightly but manufacturers are cautious as not to have too much.  Advertised 
U.S. cheese prices for a 1 pound block, as reported in the National Retail 
Report-Dairy, showed the national weighted average at $4.25, up $.30 from 
last week.  In the southwest, the weighted average price is at $3.99.  On 
Wednesday at the CME, barrels closed at $1.4500, up .0075 from last Wednesday 
and blocks at $1.4750, up $.0050 from week ago. 
                                                    
                                                                 
WHOLESALE SELLING PRICES:  DELIVERED, DOLLARS PER POUND          
(1000 - 5000 POUNDS MIXED LOTS)                                  
                                                                 
Process 5# Loaf                              : 1.6350-1.8925     
Cheddar 40# Block                            : 1.6475-2.0925     
Cheddar 10# Cuts                             : 1.8275-2.0475     
Monterey Jack 10#                            : 1.8375-1.9975     
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