MD_DA840                                                         
DA                                                               
MD DA840 Cheese - West                                           

MADISON, WI.  July 1, 2015 (REPORT 26)                          

WEST CHEESE                                                      

Western cheese manufacturers suggest that although export cheese sales have 
dropped a little this year, strong domestic demand has helped make up the 
difference.  Cheese production has remained strong in the region, with milk 
readily available for cheese processing.  Some manufacturers are experiencing 
decrease in milk intakes and milk components.  This will impact cheese yields 
into the summer months.  Some shifts in production from hard Italian to 
cheddar varieties are occurring as manufacturers work to balance inventories 
and cheese in their aging programs.  The DMN National Retail Report - Dairy 
for the week of June 26 - July 2 shows the U.S. weighted average advertised 
retail price for an 8 ounce pack of natural shredded cheese is $2.28, down 
$.09 from last week and down $.02 from a year ago. Packs averaged $2.44 in 
the Southwest and $2.40 in the Northwest. For 8 ounce blocks, the U.S. price 
is $2.17, down $.06 from last week and down $.27 from a year ago. Blocks in 
the Southwest averaged $2.35, and in the Northwest, $2.49.  Western wholesale 
prices are down $.0250 for process, unchanged for Swiss cuts, and down $.0400 
for all other types.  In CME Group trading Tuesday, Barrels closed at 
$1.5825, down $.0725 from last Tuesday and Blocks closed at $1.6200, down 
$.0600. 

WHOLESALE SELLING PRICES:  DELIVERED, DOLLARS PER POUND          
(1000 - 5000 POUNDS MIXED LOTS)                                  
                                                                 
Process 5# Loaf                              : 1.7675-2.0250     
Cheddar 40# Block                            : 1.7725-2.2175     
Cheddar 10# Cuts                             : 1.9525-2.1725     
Monterey Jack 10#                            : 1.9625-2.1225     
Grade A Swiss Cuts 6 - 9#                    : 2.7600-3.1900     


1100CT mike.bandli@ams.usda.gov 608.557.7010
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