MD_DA840                                                         
DA                                                               
MD DA840 Cheese - West                                           

MADISON, WI.  August 12, 2015 (REPORT 32)                        

WEST CHEESE                                                      

Production remains active with milk intakes strong. Processors are noting 
good demand for retail cheese. Western cheese producers are comfortable with 
current pricing levels but, feel that downward pressure will move prices 
lower even though that is not reflected in all pricing mechanisms. The DMN 
National Retail Report - Dairy for the week of August 7-13 shows the U.S. 
weighted average advertised retail price for an 8 ounce pack of natural shred 
cheese is $2.34, up $.13 from last week but down $.27 from a year ago. Packs 
averaged $2.17 in the Southwest and $2.48 in the Northwest. For 8 ounce 
blocks, the U.S. price is $2.29, up $.07 from last week but down $.27 from a 
year ago. Blocks in the Southwest averaged $1.89, and in the Northwest, 
$2.34. In CME Group trading Wednesday, Barrels closed at $1.6975, up $.0225 
from last Wednesday and Blocks closed at $1.7300, up $.0175. 

                                                                 
WHOLESALE SELLING PRICES:  DELIVERED, DOLLARS PER POUND          
(1000 - 5000 POUNDS MIXED LOTS)                                  
                                                                 
Process 5# Loaf                              : 1.8175-2.0750     
Cheddar 40# Block                            : 1.8450-2.2900     
Cheddar 10# Cuts                             : 2.0250-2.2450     
Monterey Jack 10#                            : 2.0350-2.1950     
Grade A Swiss Cuts 6 - 9#                    : 2.8300-3.2600     


1530CT Tara.Herbst@ams.usda.gov 608.557.7007
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