MD_DA840                                                         
DA                                                               
MD DA840 Cheese - West                                           

MADISON, WI.  November 10, 2015 (REPORT 45)                      

WEST CHEESE                                                      

Western cheese production is active with milk readily available for processing. Retail 
and food service demand for block cheese varieties is strong. Cheese makers say they are 
not building inventories of these cheese types. Demand for cheese barrels has also been 
relatively good, but some manufacturers mention inventories are long for barrels. The DMN 
National Retail Report - Dairy for the week of November 6-12 shows the U.S. weighted 
average advertised retail price for an 8 ounce pack of natural shredded cheese is $2.40, 
up $.26 from last week but down $.06 from a year ago. Packs averaged $2.42 in the 
Southwest and $2.22 in the Northwest. For 8 ounce blocks, the U.S. price is $2.40, up 
$.11 from last week, but down $.01 from a year ago. Blocks averaged $1.92 in both the 
Southwest and in the Northwest this week. In the West, wholesale prices are up $.0450 for 
process, and up $.0375 for cheddar block, cuts, and Monterey jack. Prices are down $.0075 
for Swiss cuts. This week, a cooperative export assistance program accepted requests for 
3.144 million pounds of cheese. In CME Group trading Tuesday, barrels closed at $1.5900, 
up $.0500 from a week ago and blocks closed at $1.7000, up $.0800. 

WHOLESALE SELLING PRICES:  DELIVERED, DOLLARS PER POUND          
(1000 - 5000 POUNDS MIXED LOTS)                                  
                                                                 
Process 5# Loaf                              : 1.7150-1.9725     
Cheddar 40# Block                            : 1.7550-2.2000     
Cheddar 10# Cuts                             : 1.9350-2.1550     
Monterey Jack 10#                            : 1.9450-2.1050     
Grade A Swiss Cuts 6 - 9#                    : 2.8375-3.2675     


1500CT Mike.Bandli@ams.usda.gov 608.557.7010
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