MD_DA840                                                         
DA                                                               
MD DA840 Cheese - West                                           

MADISON, WI.  September 14, 2016 (REPORT 37)                     

WEST CHEESE                                                      

Western cheese makers report no problems finding milk available for processing needs. 
Manufacturers are seeking out a few extra spot loads of milk to fill up production runs. 
Cheese production is steady and facilities are running at or near full capacity. Cheese 
marketers suggest inventories are a bit long for American and Italian cheeses. However, 
industry contacts feel these stocks will be drawn down in the next few months. A few 
industry contacts note a growing buyer interest for retail cheese. Domestic cheese demand 
is stable for most cheese varieties. The DMN National Retail Report-Dairy for the week of 
September 9-15 shows the U.S. weighted average advertised retail price for an 8 ounce 
pack of natural shredded cheese is $2.18, down $.01 from last week, and down $.09 from a 
year ago. Packs average $2.10 in the Southwest and $1.84 in the Northwest. For 8 ounce 
blocks, the U.S. price is $2.10, down $.07 from last week, and down $.11 from a year ago. 
Blocks average $2.08 in the Southwest and $1.69 in the Northwest this week. In the West, 
wholesale prices are up $.0025 for process, and up $.0125 for cheddar block, cuts, and 
Monterey Jack. Swiss cut wholesale prices are unchanged. In CME Group trading Wednesday, 
barrels closed at $1.5275, down $.1325 from a week ago and blocks closed at $1.6700, down 
$.0500. 

WHOLESALE SELLING PRICES:  DELIVERED, DOLLARS PER POUND          
(1000 - 5000 POUNDS MIXED LOTS)                                  
                                                                 
Process 5# Loaf                              : 1.7425-2.0000     
Cheddar 40# Block                            : 1.8100-2.2550     
Cheddar 10# Cuts                             : 1.9900-2.2100     
Monterey Jack 10#                            : 2.0000-2.1600     
Grade A Swiss Cuts 6 - 9#                    : 2.4950-2.9250     


1530CT Mike.Bandli@ams.usda.gov 605-557-7010
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